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LinkBack (70) | Thread Tools | Display Modes |
11-11-2007, 04:50 PM
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When you say the satl has to confirm it do you mean price has to cross the moving average? Thanks for the indicators MPower!      
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11-12-2007, 01:04 AM
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up arrow
We have a up arrow on the 4h gbp/jpy.
my stochastic filter is at 5 my rsi is at 10 but my mfi is at 45 So i will wait until it falls alittle bit more and wait for a good candle-formation before i jump in to go long 
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11-12-2007, 03:10 AM
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Does anyone use this indicator as a standalone. Let's say you get the signal, then jump in. It takes off in your favor, set the stop to break even. Let's say it goes against you and hits your stop. Then, just wait for the next signal and get back in. Keep repeating the process until it gets right. After all, it seems clear to me that it is not the W-L pct that is important. Getting in for the ride is the important thing.
BTW, I went long the GBP/JPY and USD/JPY.
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11-12-2007, 10:32 AM
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confirmation
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11-13-2007, 02:00 AM
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before that; greetings, im newbie here but i frequently visit (n read) this thread since oct. i made my first +750 pips with real trade  using FTC method, coz of last week's friday night. but, yesterday i lost another 600 pips becoz of my too early entry  . im using marketiva for trading n today, although my entry is late (GJ:227.00, EJ:160.52), i optimist gj n ej will go long all teh way. i will stick to this thread to revive it n share my entry with everybody.lots of thank u for Mr. BigBear, Mr. Forex11 for this awesome trading system. P.S plz update the FTC gear with nonlagdot, thx
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11-13-2007, 12:55 PM
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Hello bear, nice & work system
i'm trying to use your system. i have questions here: 1.do you wait until the email alert before opening position? 2. today gbpjpy showing bounce,is it correct time to enter long? thanks
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11-13-2007, 01:08 PM
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may i have mfi indicator with suitable setting.thank u
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11-13-2007, 03:07 PM
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But Forex11 has said he uses a 45 setting and waits for crosses of the 20 and 80 lines but that's a really high setting.
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) Now, I have no idea how well this will work with the bouncing pip, but fact is the xpma satl isolates much of the noise. We can take bouncing pip entries only if the xpma satl(current timeframe) confirms it. Now exits are the hardest part, perhaps we can try exiting on a QQE cross or xpma satl color change....
Linear Mode
