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Thank for your input. See you on skype. Good luck on your trading. Bear- |
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Thats not exactly how the original rules work but if it works for you it works for me!!!! Bear- Last edited by bigbear3391; 08-09-2007 at 03:26 AM. |
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This may also be some help. plot a RSI 2 with levels 97 and 3
When zigzag pointer and RSI 2 is below 97, could be the entry. The RSI 2 will at times peg out for several hours so be paitent and wait for zigzag pointer alert. Notice how the DT-zigzag-lauer can be used as support and resistance, and since they forma line there is no repaint there. on these charts 4hr nonlagzigzag zigzagpointer - red and lime arrows bykovtrend sig - gold and blue arrows DT-zigzag-lauer - blue and red dots thin red lines are the weekly start level RSIalert 21 this alert continues so youll have to shut it down once it starts 1hr nonlagzigzag zigzagpointer - red and lime arrows bykovtrend sig - gold and blue arrows DT-zigzag-lauer - blue and red dots RSIalert 2 rar file with all indys and my templates Last edited by droesparky; 08-09-2007 at 03:23 AM. |
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Hey Poocher, Thats a good way to put it. Wise words. Bear- |
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With current settings it can be used as low as 1 hr & as high as Daily without warping the signal. When it comes to SL & TP. Use the above rules. But so you have an idea on a daily with the pairs I use I WOULD USE no more than 70 SL on E/J & no more than 150 on G/J. TPs are the next bounce or next signal or according to your MM rules. Daily TPs range that I WOULD USE : E/J = 210 G/J = 450 Hope that helps. Bear- Hope That Helps, Bear- Last edited by bigbear3391; 08-09-2007 at 03:24 AM. |
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heres the template dont know why they didnt get in with the above.
and of course I forgot the most important part the charts. hang on Ill get the charts after a dozen trys I finally got it notice the RSI 2 and the arrows RSI 2 can give you problems after news and a strong trend is in place at other times it more reliable Last edited by droesparky; 08-09-2007 at 03:37 AM. |
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Thanks for the kind words. All you guyz rock 2. Thank for making me feel welcome. About trading 1min, I dont recommend trading anything less than 4 hr. You will have many false signals. But as far as FTC is concerned 1 hour is the BEAR minimum (pun intended) & daily is the max. Hope that helps, Bear- |
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Win some, lose some. What matters is the your monthly results. You are doing great Keep it up!!!! Bear- |
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