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  #41 (permalink)  
Old 08-07-2007, 04:34 PM
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jtre is on a distinguished road
hi,

I'm trying this out. Looks good so far. Only time will tell if it will work for me.


Today's trades

eur/usd o: 1.3809 c:1.3756 +53 pips
eur/jpy o: 163.86 c: 162.86 +100 pips
chf/jpy o: 99.70 c: 99.26 +44 pips

total so far today +197

I just got into this one
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  #42 (permalink)  
Old 08-07-2007, 04:58 PM
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jtre,
Are all your today trades on H1 ?

bigbear3391,
If you enter a trade, got stopped out and after a while see another signal in the same direction do you enter again ?

Last edited by tomstaufer; 08-07-2007 at 05:01 PM.
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  #43 (permalink)  
Old 08-07-2007, 05:03 PM
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Quote:
Originally Posted by jtre View Post
hi,

I'm trying this out. Looks good so far. Only time will tell if it will work for me.


Today's trades

eur/usd o: 1.3809 c:1.3756 +53 pips
eur/jpy o: 163.86 c: 162.86 +100 pips
chf/jpy o: 99.70 c: 99.26 +44 pips

total so far today +197

I just got into this one

well that looks cool, so far what I see on your chart, and this was my question to bigbear, you have one bar pased since arrow plot... thas nice... the second big question here will be, if price moves down below arrow, will arrow disapear ? cheers Walter.
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  #44 (permalink)  
Old 08-07-2007, 05:06 PM
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By the way jtre, can you tell me what indicator is your horizontal lines (pivots) thanks Walter.
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  #45 (permalink)  
Old 08-07-2007, 05:15 PM
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Here I post an historical example of how this arrow was plotted, price moved against it and apparently arrow did not disappear .. still plotted ...

So my simple question once again (sorry if I sound like a broken record)... do price arrows disapear once ploted ? specially in the case of price moving against the arrow ?, and how much can historical plots could be used to manual test this nice cool indicator.... cheers Walter.
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  #46 (permalink)  
Old 08-07-2007, 05:53 PM
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About the arrows disapearing, (moving) are you shure Bear thats the case ? I am looking (playing) with a 1 min database and you can clearly see that the plots are there (dont disappear, move)... lots of arrows that still are there even when price action whent against them... have you experienced on real time a disapearance or move ? it sounds to me this indicator its showing you on the chart all what you get... maybe I am wrong... his performance is VERY good... maybe I will contact the author (Dr. Richard Gains and ask him)

cheers Walter.
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  #47 (permalink)  
Old 08-07-2007, 06:20 PM
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Quote:
Originally Posted by bigbear3391 View Post
Hello fx_geezer,

In its purest form you would exit the next time you see an arrow or the ZIGZAG line bounces.

i can give you some averages on the pairs I trade.

EUR/JPY 1 HR SL 30 TP 200

GBP/JPY 4 HR SL 60 TP 350

Your stop loss should always be behind the arrow, basicly behind the last established high/low.

Hope that helps.

Bear-
Yes Bear, that helps a lot, thanks. Excellent rules. Simplicity in it's purest form.

So far this week I have taken 2 trades (both on H1), and I have made 200pips. And I've got a full-time job!!! Bear dude, how the heck did you discover this system?

Obviously I need to test this system over the coming weeks, but if it keeps up this kind of performance, SHIT man, I might be able to quit my day job within one year!

Once again, man many thanks for sharing.
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  #48 (permalink)  
Old 08-07-2007, 06:41 PM
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I do not think they move in real time. However if you change timeframes and come back to it the will likely have moved. They do for me anyway.
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  #49 (permalink)  
Old 08-07-2007, 06:58 PM
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Quote:
Originally Posted by tomstaufer View Post
jtre,
Are all your today trades on H1 ?

bigbear3391,
If you enter a trade, got stopped out and after a while see another signal in the same direction do you enter again ?

Are all your today trades on H1 ?

yes
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  #50 (permalink)  
Old 08-07-2007, 07:21 PM
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Update on pound trade

o: 2.0205

I am up +40 pips right now
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