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Can you give an additional reason why u short that? ==================== Forex Indicators Collection |
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For today’s trade, I went short for the following reasons: 1- Absolute strength indicator ended the uptrend and start to show a down trend 2- The daily trend is down and the price is near the fib level 61.8 which is not easy to break 3- The price is close to the 30 days upper side of the channel 4-For the last couple of days we been seeing good US data, except the ones that reflect the previous months for early quarter of this year, last month was good for the US economy 5-We just had a big move up against the trend countering the big move down which was with the trend , now it’s time for correction and going with the daily down trend I use indicators in my trades but they all lag my decision, I know I haven’t satisfied your answer but honestly my eyes are the main tool in my trades. I target between 50-300 pips, therefore my trades will take time to close, check on this signal one week from now I don't use ST or TF
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don't kill the messenger
Last edited by messenger : 06-20-2007 at 01:48 AM. |
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You may have noticed by now that I gave the entry signals before any other indicator known in the market
, I used my experiance to catch the top of the move, sometimes the price move against my signals within a range of 50 pips maybe a bit more but I target much more than that, if the price moved againt the signal , I open extra small trades without pushing the account balance.I am not, nor do I claim to be a certified financial advisor. I am using this site to share my live trades, I take no responsibility for any gain or loss results from following these signals
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don't kill the messenger
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Oh yes
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Pehaps you can give the people here at least a mild basis for signal so they know it is a good mechanical system even if you do not wish to revel the methodology Thanks WW |
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One of the setups is the river wild by PowerTrader, the other one is a paid setup called Traders Secret and the third one I come up with and has no name, posting screen shots will require explanation, and this thread will no longer be my trading log
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don't kill the messenger
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I give my signals for free but if others will copy this thread and paste it as thier own signals I will stop
, My targets are 50-300 pips not 90 pips then close at 22 pips , when I say 50-300 I mean it any more signal hacking by others I will stop sharing the live signals
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don't kill the messenger
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attach is the setups I use for my signals but as I siad I take the trade before any market signal, please don't ask about the setup
You can see my entry on the charts where I said I will enter, and you can see that i took the entry before any signal generated by any indicator
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don't kill the messenger
Last edited by messenger : 06-24-2007 at 05:29 AM. |
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