Bez,
Nice to have in my thread. You have the right idea in mind with the indicators and their use. Kepp in mind that you also need you pivot point and trend lines to act as support and resistance. It is not possible to turna a profit without them. If you simply take every signal the Force generates you will fail as trading FX is not that easy or else everyone would be exrememly wealthy trading FX. What you need to do is learn the "personality" of the pair. This will take some time. Like anything else over time you eventually find the moves of the Eur/Usd (EU) almost predictable as you look at the pair form patterns youve seen time and time again. Its important that you wait for the correct setups such as TL bounces and so on. Some time you can wait hours for the right move and sometimes a fraction of that time just fro 30 or 40 pips. Thats the name of the game. Please make sure you read the entire thread to get a grip of the power of the Force and how to trade it correctly.
FJ
Nice to have in my thread. You have the right idea in mind with the indicators and their use. Kepp in mind that you also need you pivot point and trend lines to act as support and resistance. It is not possible to turna a profit without them. If you simply take every signal the Force generates you will fail as trading FX is not that easy or else everyone would be exrememly wealthy trading FX. What you need to do is learn the "personality" of the pair. This will take some time. Like anything else over time you eventually find the moves of the Eur/Usd (EU) almost predictable as you look at the pair form patterns youve seen time and time again. Its important that you wait for the correct setups such as TL bounces and so on. Some time you can wait hours for the right move and sometimes a fraction of that time just fro 30 or 40 pips. Thats the name of the game. Please make sure you read the entire thread to get a grip of the power of the Force and how to trade it correctly.
FJ
DislikedHi guys i wondered if someone could help, i am a total novice at this and i am trying to setup my charts to use the Force system. When i set the MACD to 12,26,1 i just get a straight line so i have left it at 12,26,9? I have set my Stochastic to 5,3,3 and EMA 5 to close and open.
[size=3][font=Calibri]Just looking at my charts over the last couple of days i have noticed loads of possible trades when the “EMA close” and “EMA open” cross but some of them cross back again almost straight away resulting in a failed...Ignored
Stacking pips since 2002