..EU short, with stop now at b/e. The stochs weren't perfect for this one but price action (S1 resistance) gave me the confidence to get in. The initial stop was 11 pips.
Edit: out for b/e.
Edit: out for b/e.
Hi, I am in FX trading since nov. 2009 and I am reading about this system just now. It's nice, simple and logical system. I hope that this thread will be continue... thank the author of this threat...I am from Czech republic, trade only E/U on TF M5..
Varies, right now US open
@Rufus because of your familiarity with this system,could I ask you a simple question?
What do mean exactly the colors of the MACD,that is,what is the difference between green and red? and "The MACD closes higher than the previous time interval" : does it mean that the last candel of the indicator (MACD colored v102*) has to close at higher value that the previous candel of that* indicator?
Thank you in advance
oops posted on me..
This past years stupid mistakes.
1. Not letting my signal candle close. My biggest offender
2. Getting my mind pulled off the task at hand. Recently, The Three Goat Formation.
3. Trying to trade when my mind is distracted with other problems, or feeling overly tired or sick.
Same mistakes on my part too.... Trying to overcome these. Being a newbie it's too tough still now..... rush of blood at the presence of a good moving signal candle.....
Traders, Detailed below is my newest strategy. I invite eveyone to try it out as it does produce good profits if traded correctly. By good profits I mean you make pips everyday even if its only a few. Ive only traded this strategy on the Eur/Usd. Please see the attached PDF file for more information. Information resources: http://www.babypips.com/school/ http://www.investopedia.com/dictionary/default.asp msn chat: email@example.com ("firstname.lastname@example.org") Live Chatroom: http://force.appruv.com...
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