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- benitohau replied Oct 7, 2008
combine this system with pivot level. you would not enter short 1.7435 infact you will enter long and really very very happy
- benitohau replied Sep 9, 2008
My opinion Long term trader better than short term trader short term trader better than scalper. Scalper better than.... who do you think? beggar? Trading is an investment not a job therefor main object is to gain profit not produce comission from ...
- benitohau replied Sep 9, 2008
you're kidding, aren't you? But I will give you a picture that will make you amazed. This is just happen. Any pro trader has get rich now. image red line shows the bearish divergence! Happy trading!
- benitohau replied Sep 9, 2008
One in my toolbox — This is how I use Stochastic (in one of my systems) 1. Divergence only reliable when performed in OVER area. But if divergence happen between 20-80 area then it must confirm the trend. Bullish Div for Up Trend, Bearish for ...
- benitohau replied May 2, 2008
absolutely a newbie
- benitohau replied Nov 28, 2006
Daily for knowing trend direction, Intraday for entry. Of course this method can be used in another time frame such as: Weekly for trend, daily for entry or M30 for trend, M5 for entry but then we must calculate probability for the profit and the ...
- benitohau replied Nov 24, 2006
Yes, I agree. If 80% position were short then a little bull news can move price to north quickly. Why? according to my opinion, there are a huge panic traders closed their position which added power for price going up. This is the art of trading!
- benitohau replied Nov 24, 2006
In my opinion, Cable still bullish and if they retrace they will do it in sideways again. No room for short. Better wait price correction and take a long side. If you wanna short its only about 2-5 pips not a 10 pips move. But everything possible ...
- benitohau replied Nov 24, 2006
Then it's clear now. Yeah, of course, always look for the final results. Great job!
- benitohau replied Nov 24, 2006
backup or main exits? — Mestx41, Can you explain your "other" exit system? Btw, I run backtest for October 2006 in 1 hour time frame. The result were 202 pips profit with 18 trades. (not including the spread) Sometimes there is a huge profits ...
- benitohau replied Nov 22, 2006
No offense — Aparsai, When I look into your list of trades, I confused. What do you mean with "My set of EAs made me 223 pips is less than 24 hours"? because in second row I saw a trade opened at 15 Nov'06 and closed at 22 Nov'06. It wasn't 24 ...
- benitohau replied Nov 22, 2006
Great system — mestx41, Thanks for sharing your system. Dude, your system has enrich my knowledge, specially for crossover method. Since my arsenal mostly filled with oscillator and work best at trading market in short term, this system add ...
- benitohau replied Nov 4, 2006
My comments: For short and intermediate term : YES For long term Cable still bullish
- benitohau replied Nov 4, 2006
Well, I put my sell limit @ 1.9035 with take profit around 1.8970 reason: I see bids are touted around 1.9030-1.9040, and TP number is the retracement level. We'll see what happen this week.
- benitohau replied Oct 9, 2006
Fisher Yur4ik — I think Fisher Yur4ik is one of those indicators which paint the past. I try it myself. Does anyone have try this indicator too? Comment, please.
- benitohau replied Oct 6, 2006
OsMa = Moving Average of Oscillator = MACD Histogram This indicator shows the diffenrence between MACD and its signal (I think you know this one) MFI = Money Flow Index Like RSI but with volume in its calculation. You can use them like other ...
- benitohau replied Oct 6, 2006
Nah.... Only 40 pips, because late to turn on my computer.
- benitohau replied Oct 2, 2006
Another Indicators — Hi Alfredo and hi all, This is my first post in this forum. I like divergence system, because it give more pips than cross system. I improve this strategy with Osma and MFI indicators. So in the charts I have 7 indicators: ...
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