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The post below is just my thoughts, I am not recommending this as a way to trade, its just my perspective as to what I may do....
One thing I have noticed being posted lately is that some of you are looking at the movement of a pair which may be correlated with other pairs in one way or another, eg., GBP, EUR and CHF. Though they will eventually move in tandem with one another [I do not recall the percentage], I had never allowed that to stop me from entering trades using this system. If you are concern about how a pair you want to trade, then you should look at the pair which came out with the news prior to the other correlated pairs since the laters will eventually follow. The other item I have noticed is that many of you also are concern about the overall trend direction based upon higher timeframes, for example, you are trading on 30M TF and will look at 1H TF for confirmation of overall trend. The saying is that the trend is your friend, but if you wait for the confirmation, you may miss many PIPs before you get the signals to agree. I guess my trading style is different than most traders. I would say that I use this system to buy/sell on any pullbacks irrespective of the market trend which have provided me many PIPs, and the key is to trade during high volatility timeframes in the session you are trading in. |
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Thanks for sharing ur advice and experienced et_phonehome2
Dear oligarh Just standard settings for GJ n EJ.. Im used 30 period of kuskus_starlight.. Depends on u which one better 15 or 30 period setting.. Timeframe 30minutes |
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Last edited by Oligarh; 01-11-2007 at 05:40 PM. |
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to Zeman:
Thank for advice. Explain please in detail in what cases to cost to use pairs EJ and GJ. Yours faithfully. Beforehand is grateful. Early I used only basic pairs earlier. It`s a real Holy Grail to MiniMe: You did not have any loss for two weeks? You are real Grand Monster to Oligarh: My congratulations!! Today was your day!!!!Last edited by rozzzenbom; 01-11-2007 at 05:09 PM. |
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To : rozzzenbom
Thanks a lot, I lose some and I win some ...
__________________
Risk comes from not knowing what you're doing Never argue with an idiot. They drag you down to their level then beat you with experience Last edited by MiniMe; 01-12-2007 at 07:46 AM. Reason: I don't want to confuse new traders |
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hi guys... retails sales will be release half an hour left..be carefulll
Today is ranging market. Just have a little PIPS scalping Others have suggestion or something for sharing? Just shared here with others ISAKAS trader...Glad to see others trader comment NICE TRADING FOR ALL ![]() |
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how many pips did you scalp yesterday? |
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