Hi Guys

Since the time i started to trade forex
My only problem is the entrey point

We all have a strategy to trade
but till now i don't have the key to enter the market
This gold key which i mentioned is the entrey point
(I enter using support & resistance and fibo, but they are able to be breaked)

In this thread i want you guys to post and share your way for entrey
or even an indicator that gives almost non wrong signals.

I well also try to do my best.

Waiting for your reply
Regards

6 years ago I purchased the camarilla formula to daytrade bonds...I made the mistake thinking it was the Holy Grail of high and low predictors.

I now use the formula to get the "zones" for the next day...I use the high,low and close from 8pm EST to 8pm EST to get the levels to trade...for a long entry...if price goes below level 3 but not level 4 I will buy a pip above level 3 and place stop below level 4.

Reverse for sells.

I am told that price exceeding level 4 is a breakout buy/sell.

Currently I am working on finding an earlier entry for buys/sells in the level 3 area that get me in before the price goes over/under level 3 again.

Formula for camarilla is in one of the threads here also.

Hi ,

If you like Break Out System ..you can try Dolly Indicator it's good indicator for break out system .
Currently I'm using camarilla indicator and fractal, sometimes combine with more custom indicators to get better entry point...just learn to find when the price will bounching or crossing , I think there's same pattern before those happen

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Forex Indicators Collection

Where do I find this indicator?

I did not see it at forex indicators collection

You will never be able to predict 100% where the price goes...
You have to remember it.

That's why a few month go I tried to use a breakout system because I do not have a lot of time sitting in front of my PC and using all kinds od indicators.

Breakout system teach us how to trap the price from both directions without failure. ANd you can see the chart if it goes through lines or not. This is the way how to evaluate the system.

nices

__________________
Nic
Free Forex Strategy Communication Items

Great discussion

MR.RickW00716
I uanderstands that u trade camarilla and break out strategey
I still believe that supports and resistance (camarilla is included)
are the best reverse sign or entry poit

But still waiting for more replys to develop our entry point

Regards

I have been constantly testing and searching for a signal to get me in the trade between level 3 and level 4 without waiting for price to hit level 3 again.
Such a signal would be very useful when the spread between level3 and level4 is larger than normal.

If we could get a fairly accurate signal that would work on a 5 or 15 minute chart I believe that would be ideal for being able to correctly enter the trade early....Will keep trying and keep you posted

Here's Dolly!

Enjoy,
mrtools

Attached Files

Dolly_v0.4.2.mq4 (19.0 KB, 279 views)

Thanks for my Dolly!

I hope she isn't the kind that wets!!

Hi,

If you don't know how to use dolly , here's the rules

Dolly system

hope you enjoy