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  #71 (permalink)  
Old 05-07-2008, 07:28 AM
mauro269 mauro269 is offline
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Ok, here there's the first real question.
See my picture below...the red vertical line is the candle that I've seen yesterday when I updated the indicator with the closing datas of USA market. In this case, what's my work...what type of order I should to open and why.
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  #72 (permalink)  
Old 05-07-2008, 10:52 AM
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Quote:
Originally Posted by mauro269 View Post
Ok friend, thanks for your reply. I want to see if I've understood.

1. I upgrade the indicators with the datas from USA market at the end of trading day.
2. I place two pending orders:

#Buy at 25 pips above the PIVOT LINE
#Sell at 25 pips below the PIVOT LINE

3. For TakeProfit...I place it to the first line that I meet (this can be the Daily HIGH or the TakeProfit line).

Am I right?Tonight I'll test your strategy. Thanks for your reply in this topic!
Well that sounds simple enough, if it's right...
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Old 05-07-2008, 10:19 PM
mauro269 mauro269 is offline
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Hi my friend,
in this pic there's the situation for tonight. In this case, what should I do?Sell or buy?See the image below...thanks
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Old 05-08-2008, 03:56 AM
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Originally Posted by mauro269 View Post
Hi my friend,
in this pic there's the situation for tonight. In this case, what should I do?Sell or buy?See the image below...thanks
If price can't break passed the 203.30 line I would not think of going short...IMHO!
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Old 05-15-2008, 11:30 AM
mauro269 mauro269 is offline
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No new reply here...However I think that this is a good strategy. It's not hard to try it and we could improve it in the best way to reach good profits every month
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Old 05-15-2008, 11:48 AM
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Hi. Do you have some demo results from that system?
Quote:
Originally Posted by mauro269 View Post
No new reply here...However I think that this is a good strategy. It's not hard to try it and we could improve it in the best way to reach good profits every month
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Old 05-15-2008, 08:14 PM
mauro269 mauro269 is offline
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Hi. Do you have some demo results from that system?
Hi my friend...I'm doing tests about it. Maybe the week after I'll be able to show you some statement with results. Here there's no perfect rules to follow. I've understood that I've to buy if the price is above the pivot line and I've to sell if it's below the pivot. TakeProfits are the Buy Limit (when you buy) and the Sell Limit (when you sell).

Waiting reply from the arabic friend!
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