Here are two trades earlier
Arb-Trader
Need small modification on my RSI cross/touch RSI alert 0 replies
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DislikedMade two trades last night on eurusd. Both were winners. One was
a big winner. Looked at the chart this morning and could see all
kinds of possibilities. When I see a sideways, ranging condition and
the indicator is "flat," I put a put a trendline on the top and bottom
peaks, to creat a channel. Whichever way price goes, I'm ready
for a breakout.
Thanks for presenting this on the forum.
RobIgnored
DislikedThanks for your post Rob. I glad to hear that you doing well. And you are right I also found it to work best as markets are in consolidation. The RSI seem to be lead one to two minutes ahead of the price. Please do post some of your trades when you can.Ignored
DislikedK40, great job with what you are doing here... One question. I've noticed you have "macd" set up on your charts also. Is there relevance in executing a trade with the macd coupled with the RSI trend indicator? MikeIgnored
DislikedI am adding different indicators once a week. So far I have not seen anything that could improve on the RSI trendline break. Just trying new things. If I see anything interesting I will post.
But so far the MACD had no major effect.
Thanks
KareemIgnored
DislikedHere are two trades I took yesterday. Plenty of profits for one day.Ignored
DislikedThanks for the charts Rob. I opened three trades today and got stopped at break even at all three. So I am flat for the day.
Also I notice that you are using the RSI 14 period. I found the 21 period to give you less false break out. You might want to try that.
Thanks
KareemIgnored
DislikedI'll check out the 21 period next. It flattens out the peaks, which makes
it a little more difficult to get a nice "line" on the trend, but if it lessens
false breakouts, it'll be a good thing.
Here are two trades I just completed. Got out WAY too early, but
there's nothing wrong with a guaranteed profit.
I find the entry signals to either precede the move by one bar, or
match the entry bar, so this surely helps with setting a breakeven
point, if the trade goes the wrong way.Ignored
DislikedNice ones Rob. I missed those today. I am still at zero pips.
Good solid entries.
I am glad you are doing well.
KareemIgnored