DislikedGreat Document Melpheos~ thanks
Not trying to start any controversy but I find the CCI attached here acts as a nice filter!Ignored
Would it be too much trouble to pay me back my $20,000, my sexy darling? 646 replies
Make Trading Sexy 174 replies
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DislikedGreat Document Melpheos~ thanks
Not trying to start any controversy but I find the CCI attached here acts as a nice filter!Ignored
DislikedHey folks,
I've been reading this thread and trying to get a handle on reading the signals. I think I have it, but of course, there are many other factors that may affect whether or not you should take any particular entry you might see.
I wanted to post my chart for the GY last night and see if you folks agree with what I'm seeing. I did not trade these, but I marked my potential entries with vertical red lines. The last one I'm kinda "iffy" about since the south run of the 5 stoch was caused by the USD New Home Sales news report. I'm also thinking that the return of the 5 stoch northward may take awhile since we are now heading into the afternoon NYSE session time. Perhaps it will resume and continue upwards when the Aus-Asian session comes back online?? Any thoughts?
http://www.creations4christ.com/fore...al%20maybe.gif
The first signal would have netted you 40-50 pips in about 1 hour....the second signal was about 100 pips in about 4 hours....sweet!Ignored
Dislikedany one see anything formating now? Because my newbie eyes aint seeingIgnored
Dislikedany one see anything formating now? Because my newbie eyes aint seeingIgnored
DislikedOk, after I saw the 5 stoch on the GY begin to round the corner, slowly but surely, I decided to take this long trade. I entered a bit late at 232.22, but that was for a bit of insurance.
At this point, I'm 30+ pips to the good side, brought my SL up to +10 and I am trailing the stop at 10 pip increments with a buffer of about 24 pips. I don't actually trade on the MT4 platform, but I do love the charts and the abundance of indicators and tools available.
So, I got 10 pips locked in and will ratchet up another 10 as this move goes on. Nothin like money in the bank! Thanks again for this very cool system!
Here's my current chart:
http://creations4christ.com/forex/long%20gy%20stoch.gifIgnored
Dislikednice work. that one would have made me a little nervous, though, with the 50 and the 20 pointing down like that.Ignored