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  #31 (permalink)  
Old 11-15-2007, 12:20 AM
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6th is Citigroup CFD

7th is S&P

8th is gold

9th is gold zoomed in.
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File Type: gif s&p.gif (17.4 KB, 637 views)
File Type: gif gold.gif (18.7 KB, 632 views)
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  #32 (permalink)  
Old 11-15-2007, 01:32 AM
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Thumbs up

hi jjk!

thanks for sharing this indicator.

it is very very promising indicator! by using it, i managed to catch hundreds of pips from gj yersterday.. and some hundreds pips for today. like what u said before, it should be used with other indicator for confirmation...

currently im playing it with trendline and looking for breakout... more like tops and bottoms for me .. so far so good! but it needs more fine tuning what works best with this indicator.

by the way.. please keep updating this thread if u have any good progress using it.

have a nice trade dude!
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  #33 (permalink)  
Old 11-15-2007, 01:54 AM
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hey, could u post statements ?

so far i have no time to test in longer frames. i have been scalping the 1M charts with this thing. most of the time i break even, or manage to catch about 2~10 pips. again buying only at zero values. its easy to get burned when you short.

also when it appears the current bar is approx equivalent height as other peaks....it might be a good time to exit....


and this is my 100th post.....im gonna take a rest. midterm marks got me down
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  #34 (permalink)  
Old 11-15-2007, 02:22 AM
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this is what i got for yerterday and today with the aid of this indicator. but im still thinking about the suitable stoploss thingy. trades taken mostly on m15. before taking trade at m15, i will draw trendlines on h1 to see where we are moving. and i think it is also quite good opening with multiple lots and trail it.

ohi.gif
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  #35 (permalink)  
Old 11-15-2007, 03:02 AM
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very nice.

if i was able to get even 1 pip spread on eurusd....scalping would be so profitable.

kinda funny how the sells from that are only ones not profitable.....i think again this tells one thing. dont short with this. just buy. already this might give you an advantage because i've read somewhere, market is usually bull-bias. so by only entering in long positions, your favoring your odds a little bit more.....correct me if im wrong.

Last edited by jjk2; 11-16-2007 at 09:53 AM. Reason: asdf
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  #36 (permalink)  
Old 11-18-2007, 11:18 PM
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i have mba thesis paper. i think only those who actually contributed can have a look at it. its in pdf papers. i will only reply back if i think you should see it. plz understand this material cannot be distributed openly. it cannot be sold as it is copyrighted.

please pm me.
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  #37 (permalink)  
Old 11-19-2007, 04:27 AM
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Hi jjk2
Your indicator is intresting. May you take some change?
Ok. I explain. This indicator has an intresting behavior around zero for finding local bottoms of chart, But not for top.
May you make some change for finding tops like bottoms? For example a new version with base on top.
Thanks in advance
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  #38 (permalink)  
Old 11-19-2007, 07:06 AM
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Quote:
Originally Posted by kohzadi View Post

Hi jjk2
Your indicator is intresting. May you take some change?
Ok. I explain. This indicator has an intresting behavior around zero for finding local bottoms of chart, But not for top.
May you make some change for finding tops like bottoms? For example a new version with base on top.
Thanks in advance
no i dont think its possible to find bottoms and tops with this.

for example this indicator works horrible during a trend.
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  #39 (permalink)  
Old 11-19-2007, 11:51 PM
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Quote:
Originally Posted by jjk2 View Post
very nice.

if i was able to get even 1 pip spread on eurusd....scalping would be so profitable.

kinda funny how the sells from that are only ones not profitable.....i think again this tells one thing. dont short with this. just buy. already this might give you an advantage because i've read somewhere, market is usually bull-bias. so by only entering in long positions, your favoring your odds a little bit more.....correct me if im wrong.
if yu can navigate around their spread widening at news and weekends then oanda has 0.9 pip spread on eurusd...
OANDA, The Currency Site: Foreign Exchange Services and Trading
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  #40 (permalink)  
Old 11-20-2007, 03:43 AM
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yes. some ppl are using this on oanda as well with good results. once again with other indicators. you cannot use one indicator alone.
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