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Hi Nina,
Have not used the trigger lines yet, But will be this comming week when I will be trading this system full time (during my holls)
Hi, Dave1!
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About Triggerlines and MAX Moving Average:
Soon I will recommend the use of one of them to avoid false or weak signals.
As far as I get, I like to stress that with the rules I'll post we could be able to avoid 98% of false signals.
Lets see if I can write them this WE.
In reply to an earlier query about exits, try using the Hull trend. A trading colleague has tweaked it so that it shows two lines on your charts, ie change the black colours to green and red. The cross of these lines provides us with both entry/exits. Just a thought that might give us an edge
Hi Dave1,
I am a great fan of the basic Hull moving average, I always include it in my base trade screen (period set to 20)and have used it for exits ( ie exit on price penetration of short term ma) on other forex trades for many months. Now experimenting with its use in combination with these Catfx50 entries.
However with reference to this Hull trend indicator, I have a Mt4 version but I am not familiar with its use and have not used it in trading, can you post this latest version for review. Apologies if you have already done so.....
pretty much what I use. EUR, GBP, CHF only. I am conservative so I go for 20-30 pips with multipal lots which will more can than equal holding a trade till a reversal or stop is achieved. 3 EURO X 20 PIPS= $600USD less time in the market for me the better, snatch and grab.
trading time blue
vertical lines are 50 ema cross
50 and 120 ema
trigger lines,,,,
solar wind for early preperation
trades are closed at end of trading time,,,,,,thats what I do if I enter late in the session.
great thread,,,,
pretty much what I use. EUR, GBP, CHF only. I am conservative so I go for 20-30 pips with multipal lots which will more can than equal holding a trade till a reversal or stop is achieved. 3 EURO X 20 PIPS= $600USD less time in the market for me the better, snatch and grab.
trading time blue
vertical lines are 50 ema cross
50 and 120 ema
trigger lines,,,,
solar wind for early preperation
trades are closed at end of trading time,,,,,,thats what I do if I enter late in the session.
great thread,,,,
Hi, set your aNina to the right values. If yoou want, of course.
But I want to remind everybody that we haven't had yet a change in trend. We need EMA50 on USDCHF be below EMA120 and the opposite on EURUSD and GBPUSD.
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Besides catfx:
Another view on the pairs to get an estimation about the trend direction.
Thank you for both of you to help me understand about big trend.
I put together 30 minutes chart and trend view chart side by side.
I hope this one guide me to the right decision for entry.
Fxtrial..thanks alot, i'll try to get them in some combinations if i reached any thing solid i'll post it for all..Nina, kalenzo..every body here what can i say..thanks a million