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  #61 (permalink)  
Old 03-02-2007, 03:13 PM
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Thank you for your reply.

The second picture the first trade is not valid because it did not go through the MA's.

You say 4 red bars later? Dont understand that? That is very late.
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  #62 (permalink)  
Old 03-02-2007, 03:16 PM
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Quote:
Originally Posted by smeden
This is all the settings for 4TF XO2

7.0
5
15
30
60
5.0
4.5
4.5
4.5

Is that right?
This is correct, yes.
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  #63 (permalink)  
Old 03-02-2007, 03:18 PM
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Quote:
Originally Posted by smeden
Thank you for your reply.

The second picture the first trade is not valid because it did not go through the MA's.

You say 4 red bars later? Dont understand that? That is very late.

Your XO_signal was @ 10h25 on your charts and it was NOT late - in fact, looking at everything it should have kept you out of the retrace!

Best wishes.
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  #64 (permalink)  
Old 03-02-2007, 03:20 PM
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GBP/USD entries .............

Let me first post the entries and then I will comment on it after you had a look at them.

Regards.
Attached Images
File Type: gif entry_march_1st.gif (34.7 KB, 948 views)
File Type: gif entry_march_2nd a.gif (35.6 KB, 864 views)
File Type: gif entry_march_2nd b.gif (39.1 KB, 838 views)
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  #65 (permalink)  
Old 03-02-2007, 03:57 PM
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On the first gif I see a that there was a buy 9 bars back. Is that correct?

Second gif are the trade not 1 bar too fast? It should be on next bar open?

What are the stars on the Trend CCI? The blue boxes on the Trend CCI how do you get them? I like them

When you show the trades, will it be on close of that bar?
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Old 03-03-2007, 07:02 PM
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Exiting

Quote:
Originally Posted by ValeoFX
Let me first post the entries and then I will comment on it after you had a look at them.

Regards.
To me the entries seem to be more or less easy, it's the exits that I'm having difficulty with. If I wait for the XO bar to go 2 levels in the opposite direction or wait for price to close above/below the 25-EMA, I often b/e or even lose a few pips. If I try to take profit too early of course (such as by exiting when I get 2 consecutive XO bars just one level in the opposite direction), it can often result in missing out on a nice big run. In the third .gif you posted, were you exiting and re-entering?

Perhaps I should be scaling out?

Thanks Valeo

Last edited by libertao; 03-03-2007 at 07:07 PM.
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Old 03-03-2007, 08:31 PM
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Quote:
Originally Posted by libertao
To me the entries seem to be more or less easy, it's the exits that I'm having difficulty with. If I wait for the XO bar to go 2 levels in the opposite direction or wait for price to close above/below the 25-EMA, I often b/e or even lose a few pips. If I try to take profit too early of course (such as by exiting when I get 2 consecutive XO bars just one level in the opposite direction), it can often result in missing out on a nice big run. In the third .gif you posted, were you exiting and re-entering?

Perhaps I should be scaling out?

Thanks Valeo
Yes... Looks like we need big moves to get some pips.
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  #68 (permalink)  
Old 03-05-2007, 08:19 AM
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Quote:
Originally Posted by smeden
Yes... Looks like we need big moves to get some pips.
Smeden and Libertao (and everyone else who did not ask), NO you do NOT have to have BIG moves. I promise to reply to your questions later this morning - the market caught me unawares this morning.

Read what I said about exits...........Follow the 13-ema and with your STOP ア1 pip from the 25-ema. You can exit IF you so wish, when the price closes above the 13-ema, and then you may have to re-enter when it comes back. Ignore everything else. I will change the 2nd Post as it may have caused confusion and I apologise to everyone.

Best wishes (and better exits).
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  #69 (permalink)  
Old 03-05-2007, 08:24 AM
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Exits...........

Guys, when last did you read #Post 2???????????

I have not changed anything and it is very clear about what you have to do with EXITS???????

Please read it again and tell me what you think I should have said to make it more understandable.

Waiting to hear from you.
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Old 03-05-2007, 08:41 AM
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Perfect entry this morning.............

Here are 2 examples of a perfect entry this morning and secondly, where you should have entered if you opened late as we do in RSA.

In the second screen-print, the first "entry" would have been wrong with the CCI_T overheated and you wait for it to retrace and enter as soosn as the XO gives you the signal for an easy 35 pips.

Note the price staling on the 1/8_MM line and so you can exit if you are happy with the pips made OR if you follow the rules, you would have seen that the CCI_T overheats again to the UPSIDE, BUT tyhe price does not breach the 25-ema, so you can stay in until exhaustion.

The "BLUE" squares are "markers" found in MT4 Libertao.

Best trading!!
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