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  #6541 (permalink)  
Old 10-11-2006, 12:06 PM
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Quote:
Originally Posted by jutaonefami
hai NINA i have doubt here why u said level 2 sell for GU
could u pls check mine...

Attachment 16299
Look at your Step_Stoch_Ma - Max. Bars to count are only 3327. You should download the maximum of bars that your Broker allows. Press the Home-Key(POS1) many times on your Keyboard to update the history and solve the problem. Restart your MT4 after this process to recalculate the correct Stoch.
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  #6542 (permalink)  
Old 10-11-2006, 12:14 PM
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Eh Nina, i just see you are in Barcelona

WOOWWW great place

Can you tell us about the taxes in spain on forex ?
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  #6543 (permalink)  
Old 10-11-2006, 12:19 PM
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Hi,
Can I ask you one question
What if we get two different signals on GBP/USD and EUR/USD,buy and sell, should we ignore them ?
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  #6544 (permalink)  
Old 10-11-2006, 01:00 PM
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Exit Strategy

Hi Everyone,

I like to thank Nina on this great strategy. I think we can use Fibonacchi expansion as a good exit strategy. If your not familiar with using Fibonacchi exapnsion I will explain how it works at a later post. Anyway I like to share with you a screenshot which shows below how the fibonacchi expansion can be used to produce potential targets. I have used them for a while now with some great results. Its very effective when its used properly. Please let me know what you think and if you have any ideas to improve the exit strategy.
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File Type: gif fib.gif (41.7 KB, 241 views)
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  #6545 (permalink)  
Old 10-11-2006, 01:05 PM
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Quote:
Originally Posted by Dave188
Look at your Step_Stoch_Ma - Max. Bars to count are only 3327. You should download the maximum of bars that your Broker allows. Press the Home-Key(POS1) many times on your Keyboard to update the history and solve the problem. Restart your MT4 after this process to recalculate the correct Stoch.

thank you dave u really help me a lots have a nice trading day to u
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  #6546 (permalink)  
Old 10-11-2006, 01:13 PM
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Quote:
Originally Posted by nina
Hi!!

Look at them carefully and, according to rules, let me know what you think.

Nina
Ok, may be I am not understanding correctly level 4 signals and consolidation. I am even in doubt about example from the doc on the first post. Where exactly signal happens in that example:
It will happen at the last bar (from left) if it will break the previous two (of the same low, according to your post #6205)
Or it had already happen during the 9 bar (from left), then it have broken 8 bar’s low?

Now getting back, today, for my point of view, situation was very similar in the morning to the 22 of September (your post #6238):
Eur/usd is now -30 min shifted and in opposite direction comparing to that day;
On usd/chf it is now as it was on gbp/usd;
And on gbp/usd it is similar to that was on usd/chf except for breaking the level during 5:30 today, so on 22 for esd/chf the pattern was ^, and now for gbp/usd ^v^

All ‘signals’ are +/- on the border of trade time, on the edge of the prev. day range, and I do not see the strength for any of the unfortunately.

That is my path of thinking, which is obviously wrong somewhere.
If you would find some time to explain where I’m wrong, it would be very kind of you.
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  #6547 (permalink)  
Old 10-11-2006, 01:47 PM
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Quote:
Originally Posted by dude007
Hi Everyone,

I like to thank Nina on this great strategy. I think we can use Fibonacchi expansion as a good exit strategy. If your not familiar with using Fibonacchi exapnsion I will explain how it works at a later post. Anyway I like to share with you a screenshot which shows below how the fibonacchi expansion can be used to produce potential targets. I have used them for a while now with some great results. Its very effective when its used properly. Please let me know what you think and if you have any ideas to improve the exit strategy.
hi,

i'm interested in fibos. how did you use it in your example? you took the first move from 2613 to 2518 and draw the same at the possible high at 2555?

regards
handson
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  #6548 (permalink)  
Old 10-11-2006, 02:12 PM
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Hi, everyone! About this discussion about how broker to use... mostly because the numbers of bars to count on the HiStep...

Nina, which MT4 broker do you use? Thanks and good trades!
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  #6549 (permalink)  
Old 10-11-2006, 02:13 PM
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Hi!

15:15cet recap:

USDCHF, level 4 buy (08:30cet) @ 1,2704 with stop loss at 1,2692 or 1,2672.
It has made a high so far at 1,2721. First stop loss was hit. - 12 pips.

EURUSD, level 2 sell (10:00cet) @ 1.2543 with stop loss at 1.2558 (above pivot). It has made a low at 1.2535.

GBPUSD, level 2 sell on GBPUSD (11:30cet) @ 1,8566 with stop loss at 1,8581 or at 1,8593 --1,8615.
Stop loss at 1,8581 was hit. - 15 pips.

GBPUSD, level 1 sell (15:0cet) @ 1,8537 (more than 20 pips away from EMA50) with stop loss at 1,8593.

And we could be like this all day long. Broker's feast so far as said earlier. FOMC minutes will (??) decide.

Nina
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  #6550 (permalink)  
Old 10-11-2006, 02:15 PM
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Quote:
Originally Posted by igor1212
Hi,
Can I ask you one question
What if we get two different signals on GBP/USD and EUR/USD,buy and sell, should we ignore them ?
Hi!

What do you mean?

Nina
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