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However, once you are in the trade and you see that the CCI carries on, it may run until 350 sometimes, so you have to use your "gutfeel" as to the volatility. This last short you should have "ridden" it until 1- minute before the announcement and the price also "rested" on the 300-EMA (yes you read it correctly : idea being that it represents the 50-EMA on the 30-m chart )( I also use the 25-EMA on the HOURLY Chart for the very same reason ).I cannot emphasise it enough: you must wait for the candle to close, but in a case like this last short on GBP/USD and the impending announcement, you either exit 1-m before the announcement ( I have a clock on each T/F) or you move your stop very close.
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"Risk comes from not knowing what you are doing" The Tao of Warren Buffett. "Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki. |
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you wait the bar close and this is ok....but XO changes the past so do you refresh indicators before opening a position?? I see that refreshing can change histograms..... South Africa...lovely and amazing place....you are lucky to live there!!! ![]() |
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Thanks for picking this up. It was not intentional. Wonder what sort of difference it makes??? Thanks Cheers Ant |
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Read the explanation earlier about how the XO operates. It defeats the purpose to refresh as it works in the "now" - one needs confirmation with the CCI imho - or something else for those not trading the cci. It has given pips all the time when used correctly on the GBP/USD that is.
__________________
"Risk comes from not knowing what you are doing" The Tao of Warren Buffett. "Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki. |
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LinkBack to this Thread: http://www.forex-tsd.com/xo-method/1920-xo-method.html
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| Posted By | For | Type | Date | |
| Áèíàðíûé àíàëèç. | This thread | Refback | 09-09-2008 11:44 AM | |
| Sistem berdasarkan 5min chart. JAMIN UNTUNG. - Page 6 - Nogold.com | This thread | Refback | 09-04-2008 09:52 AM | |
| Áèíàðíûé àíàëèç. | This thread | Refback | 03-05-2008 07:18 AM | |
| Áèíàðíûé àíàëèç. | This thread | Refback | 12-19-2007 09:03 PM | |
| Trading forum > Xo Méthode | This thread | Refback | 10-09-2007 07:30 AM | |
| Áèíàðíûé àíàëèç. | This thread | Refback | 08-27-2007 06:15 AM | |
| Forex Signal!!! Winning Solution....The best One to get..! - Page 69 - Talkgold HYIP, Investment & Money Forum | This thread | Refback | 08-09-2007 08:36 PM | |
| Forex Signal!!! Winning Solution....The best One to get..! - Page 69 - Talkgold HYIP, Investment & Money Forum | This thread | Refback | 08-02-2007 02:19 PM | |
| Áèíàðíûé àíàëèç. | This thread | Refback | 07-19-2007 01:40 AM | |
| Xo Méthode - Trading forum | This thread | Refback | 07-01-2007 11:48 AM | |
| Sistem berdasarkan 5min chart. JAMIN UNTUNG. - Page 6 - Nogold.com | This thread | Refback | 06-29-2007 06:46 PM | |
| Forex Signal!!! Winning Solution....The best One to get..! - Page 63 - Talkgold HYIP, Investment & Money Forum | This thread | Refback | 06-25-2007 10:02 PM | |
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