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GBP and EUR
Quote:
It looks like there was a 10:30CET signal on GBP and a 11:00CET signal on EUR, both level 1s. I took GBP short for 15 pips. Dave Last edited by downunderdave40; 06-06-2006 at 11:10 AM. |
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The only level1 i have on EURUSD was long at 8:30 cet. The short signal at 10:30 cet was a level2 on my chart.
Then i had a level1 long signal in GBPUSD at 9:00 cet and a level1 short at 10:30 cet. On USDCHF there i see 2 level1 signals too. |
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Quote:
Step Stochs ( I'm using Harolds set up ) did not agree on a signal at 09:00 CET time (Neuimex feed). Your analysis is spot on though - Pivot is obviously too close and you got that bounce prior bar so no trade. That 10:30 Cable short had that 200 ema right in front so would normally wait too clear and then potential trade exit at the next pivot around the 1.8709. Regards and good trading |
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g'day dave
well it worked out ok for me i made pips i think the difference is in the feed i am demoing with strategy builder fx through moneytec and it was a definite level 2 signal with that feed at the open of the 11.00cet candle the candle b4 didn't have the strength with the .04 filter |
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Thanks npj6400
There is only one indicator where i'm not sure wheter it had validated the signal. It's StepMA Stoch (NOT StepMA_Stoch). When i look at the chart now StepMA Stoch did not cross at 9:00 cet in GBPUSD, but i can't know wheter it did cross at the time of the signal for a short time. Is it this one you're talking about? Eric |
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Quote:
thanks |
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People, To try & help...
I have noticed the same questions again and again about validating signals and data feed. Do you read this thread ? There is big difference in data feeds between MT4 Brokers !!! It has been suggested many times that you simply agree on one data feed and use this as your common reference point. It does not mean that you trade live with that Broker- only use it for reference when discussing MT4 signals with other traders. I use Neuimex for MT4 reference and still trade live with FXCM ( not for long though !) but in the end it does not matter as long as you agree on one data feed only when talking too each other. HaroldFx suggested downloading demo Neuimex account - Nina has confirmed that he uses Neuimex (as well as others ) and so did other traders. I know that many traders here do not have English as first language so this is one way of "talking the same language" ... Regards |
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