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  #21 (permalink)  
Old 06-27-2006, 02:37 PM
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Quote:
Originally Posted by Bottleneck
You can use a multi-timeframe indicator and put it on your 30minute chart

where i can get mtf indicator for exit
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  #22 (permalink)  
Old 06-30-2006, 12:10 AM
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Join Date: Apr 2006
Location: Seattle, Wa. USA
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reemul99 is on a distinguished road
Today the FOMC notes came out and I decided to jump in if it passed the days highs/lows ---

Exit method: 20 pip trailing stop/loss

exit point with this was 1.2631 on the EUR/USD

max was : 1.2667

if I used the 15 minute w/ 50 EMA on Open & 10 SMA on Open cross, the position would still be open at 1.2659.....

seems the trailing stop failed this time, but I went with it because it was a very choppy market and I didn't want to be exposed too much if it reversed suddenly...

thoughts?
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