The reality Valeo, is that i understand nothing with the new rsi-xo

I stick to the old method.

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Picasso is the best !

Here is the first entry of the day which generated +30 pips.

Lesson to be learned from this entry is that the RSis are superior to the EMAs.

Any comments?

Best wishes.

Attached Images

this morning's entry.gif (30.0 KB, 283 views)

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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.

Good morning Joe,

Can we talk about it, please? We can talk on either Yahoo, MSN or Skype when convenient. I want you to be as successful as we are. Let me know and we set it up for some time today still if that is OK with you.

Best wishes.

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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.

Joe, please check your e-mail a.s.a.p. I sent you an e-mail to your private address you supplied me with.

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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.

First entry @ 10h05 was not tricky, but turned out to be and especially with the announcement due @ 10h30 - so best was to stay out, but had you taken the trade, you would still not have lost any money.

Second entry was very much like yesterday after the announcement. It was more a case of trading your indicators than trading "logic". See if you agree with this entry.

Best wishes.

Attached Images

this morning's entry 2.gif (33.0 KB, 272 views)

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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.

I haven't really been following this thread too much recently, but I've noticed we don't have the XO indicator any more.

I felt that was the crux of the system, no?

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Ash's Signals

Yes, it is. I understand that you have not followed the development, but if you go back to where I mooted the change, you will find the XO still very prominent and in its rightful place, H1.

Best wishes.

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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.

This morning was a little difficult, but it is all about learning how to trdae the markets.

Check the bounce off the RSi-8 of the RSi-2 on the RSi-H4 indicator in the first window. Also the CCi-set-up.

I was twice down to -9, before the trade started moving positive. My stop was @ opening of the candle that I entered on @ 1.9597.

CLUE:.............H1 TF the price stayed above the 10-EMA (NB).

Attached Images

this morning's entry.gif (31.6 KB, 230 views)

__________________
"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.

Great Job Valeo! There are those of us out there that realize the value in a profitable system even if you have to work at it. Especially if it has a high win percentage and very little drawdown- perfect for rapid increase in account size.

Can you post or point me in the direction of RSI-H1 and RSI-H4 indicators as shown on m5 as i cant seem to find them.

Looking forward to learning this method and many pips to come my way.

Joel

The RSi-H1 and H4 is just a renamed version of what you already have, so no need to get these 2.

__________________
"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.