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  #631 (permalink)  
Old 09-02-2007, 06:36 AM
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Quote:
Originally Posted by Pluto2 View Post
In one of the earlier posts you said "The proper entry signal is when they bouth touch". In later post you said "The signal is valid as long as the arrow and the NLZZ are on the same candle". I would like you to make it clear for me. Is it valid signal if the arrow developes on the same candle as the NLZZ, but it is well above or bellow the NLZZ (not touching it)?
Thanks so much for your help.
Regards,
Pluto2
Hey Pluto2,

What I mean is if the ARROW & the NLZZ are on the same candle. By touching it I meant that they where on the same candle.

Bear-
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  #632 (permalink)  
Old 09-02-2007, 06:40 AM
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Quote:
Originally Posted by drayco View Post
bigbear,
Do you still trade only the 1H E/J and 4H G/J? Are these where the averages come from when you wrote you average 7-9 losers a month of 30-50 each and about 3 wins of 400-1000+?
Thanks in advance.
Hey drayco,

Those averages are just off the top of my head, I actually dont really keep track. As for what I trade its mostly the 4Hr on G/J & E/J. But as of late I am starting to really look at the 1 hr. You may get more false signals but you may get more pips. Its just about how aggressive you want to be.

Bear-
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  #633 (permalink)  
Old 09-02-2007, 07:00 AM
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Quote:
Originally Posted by opieness View Post
I'm very much a newbie, having only studied Forex for little over a month, but I know something good when I see it...

I found this thread on Wed 8/17 night, read a bit of it, and loaded the indicators. I checked the GJ chart and saw the buy arrow, so I bought.. then bought on the UJ & GU. The next day I was up over 600 pips!!! So I am on board!!!

Since then I've read this thread almost twice, and came up with my first offering for the group. I added the email alert to the ZigZag Pointer along with the options to turn it off and on along with the screen alert. It could possibly be better if the alerts only happened once per bar, but I couldn't get that to work yet.

As far as the losses at the beginning of the trade... knowing how many pips can be made, aren't we being a bit greedy...?? YES!!! So how about buying/selling another lot during the strongest areas of the trend using other ind.? OR after retrace? OR Trading H1 along side H4 trade??? Those losses would be made up and then some...

Anyway, I never write in forums, I usually find what I need and move along, but this has me obssessed!! BTW.. I just had twins, so I couldn't have found this at a better time!!! I'm so anxious for Monday!!! (never said that before)

Thanks Bear & Forex11!!! Thanks for giving!!! I've already bought a few systems and this blows them out of the water!!!

Quick question... What are your rules for weekends?? I would guess.. hold on while trading H4... get out by Friday trading H1..??
Hey opieness,

Im glad to here you like our little method. Congrats on you DOUBLE TROUBLE BUNDLE !!!!!

Please though be very careful. As a new trader there are still a lot of things you need to know.

If you wish shoot me a PM & I can give you a list of things to read for every new trader.

As for weekends?

If I am long on GBP/JPY I dont care how long it lasts. I make a killing on swap with my broker. You pay double swap on Wednesday not Friday or Sunday open so it really does not matter. Remember you pay/earn 2 days ahead.

Good Luck,

Bear-
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  #634 (permalink)  
Old 09-02-2007, 07:50 AM
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Quote:
Originally Posted by bigbear3391 View Post
Hey 8toenails,

Depends on who you ask. I get in ASAP. Forex11 looks at candle formations. But I use a 4HR & he uses 1hr. If I use 1 hr I would do what he does.

Also I set my stops under/above the arrow (+/- 20-30 above/below the high/low) so when I get stoped out there is no arrow anymore. I wait till I see a new signal. I can lose 10 times & its only about 300 pips yet the average win is twice that.

Confused yet?

Bear-
Nope! Makes sense! Thanks so much for your explanations!

8
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  #635 (permalink)  
Old 09-02-2007, 07:59 AM
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Quote:
Originally Posted by opieness View Post
This is not a commercial, just something that's gonna help me trade.

I found this free program to remotely connect to your home/trading PC using a web browser. I tried it from work the other day and was able to operate MT4 & any other programs on my home PC. The 30 day trial is for the Pro version, but you can keep a dummied down free version after that's up.

I'll be using this till I can get a laptop, but this'll work from anywhere with high speed internet, so may not need a laptop for a while.

www.ntrconnect.com

Hope this helps you too!!
Hi!

Thanks for this. Just so you all know, there is also www.logmein.com. They have a free version as well.

8
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  #636 (permalink)  
Old 09-02-2007, 09:06 AM
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Indicators For Chart

Bear,
I really like the way you have your charts setup!! Post 1
Can you tell me where to get the indicator that shows the large price in the corner? Also the hi /lo and mini lights for Macd/ EMA Those are cool!! and I can't find them anywhere!! Thank you for sharing the system!!!

Thanks
Steve
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  #637 (permalink)  
Old 09-02-2007, 12:53 PM
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Cool indicator

topofwld

here is the indicator you are looking for

Signal_Bars_v6.ex4
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  #638 (permalink)  
Old 09-02-2007, 01:12 PM
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Indicators For Chart

Thanks Forex11!!!!
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  #639 (permalink)  
Old 09-02-2007, 06:58 PM
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Quote:
Originally Posted by forex11 View Post
topofwld

here is the indicator you are looking for

Signal_Bars_v6.ex4
HI FOREX 11
BUT THE ATTACHEMENT DOESNT WORK
PLS CAN YOU TRY TO POST THIS INDICATOR AGAIN
IS IT THE SAME ONE, THAT REDUCE THE RISK LOSS RATIO ??
THKS
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  #640 (permalink)  
Old 09-02-2007, 07:22 PM
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signal bars

forex11 seems forget to attach the indicator: #Signal_Bars_v6.ex4

Happy trading
Attached Files
File Type: ex4 #Signal_Bars_v6.ex4 (54.1 KB, 329 views)
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