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LinkBack (186) | Thread Tools | Display Modes |
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Quote:
I am not sure that this indicator may be used for M1 and M5. |
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Hi don.gading,
Think that better to use last version of the indicator. Igor TrendLaboratory Chief
__________________
Let's improve trade skills together http://finance.groups.yahoo.com/group/TrendLaboratory |
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Hi,
GBP/USD -- > No signals ( 22,dec,2005 ) setup was about to give a short signal but it was close to news times (I think) and as well signal time is out of Trading times ... so we are "No Signal" State today for GBP/USD .. I think EUR/USD & USD/CHF have given clear signals but I am focusing on GBP/USD in reporting - so any is following we can discuss together. FX_TRADER |
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23,Dec,2005
hi,
I have started to take 2 Lots GBP/USD -------------------- signal time : 9:00 Position : Short Entry Price : 1.7385 Lot1 Exit Price : 1.7345 - @ 14:00 - (Why :->> S1) Lot2 Exit Price : 1.7315 - @ 15:30 - (Why :->> S2 & First Daily Range ( 100 Pips) Average P/L : +55 Pips -------------------- FX_TRADER. |
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FX_Trader,
I didn't see a signal at 9.00. There was not a cross-over on the MA stochastic and you entry bar followed a bar which opened below the 50 ema then retreated above before closing below again. Does this follow the rules? You are in profit though! Please tell if I am missing something.....Thanks. |
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How I take the signal is that : 1- I look for STEP MA , - Step MA is giving Bearish, Sell -- So I am looking to go short in time from 9 AM - This signal is based on Cross ( going up the MA & Close Below ) or as happened Friday - trying to close above it and then close below it then next bar is closing below it .. which someone call it pullback I think - not all days will have Clear Cross , so pullbacks is Ok as well.. I think that based on back history treating pullback like a cross is giving more profitable signals than not trading all of them FX_TRADER. |
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