Dislikedyou are probably right. but i have my own trading style based on immediate market research.
regardsIgnored
- Joined Aug 2007 | Status: Member | 1,616 Posts
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DislikedHi All,
I am new to forex trading and i have learned the basics from babypips.
I am trading with my demo account for the past 3 months using the 4 systems that zamanib provided in this thread.
Here are few observations abt the four systems during my trade.
1. There is no words to say about the 2 Lines which is rocking everyday. Many Thanks to Zamanib.
2. 50 EMA, super trend and Pearls are the other 3 systems that I am using. If I take the trading with these systems individually (based on any one), my SL getting triggered (may be I am...Ignored
Dislikedwhen you say the length of the macd histogram is less, what do you mean ?Ignored
DislikedThe Candle did close below the 1.5587 , maybe the numbers were a little off, no offense zamanib, I set the number to a whole number, 1.5580 and the trade would have not triggered, even if you triggered a trade and set the sl to 50 , the price went up to 47 pips on the sl and has come down, news coming out at 8:30 est on US , PPI, and Unemployment claims, this should move it one way or the other,Ignored
DislikedHi,
I am new to these systems here so forgive my ignorance feel free to flame me if i get it wrong.
I am looking at the "2 lines" system. The number for today are: "GU- 15650 upper 15587"
According to my chart we closed on the hour chart twice below 15587 as shown in my chart.
Am I supposed to open a short here ?
ThanksIgnored
DislikedAnd if it closes below 5580 on the hour where do u place as TP ? 50 Pips or would you look for next support level like 5390 ?
ThanksIgnored
DislikedAnd if it closes below 5580 on the hour where do u place as TP ? 50 Pips or would you look for next support level like 5390 ?
ThanksIgnored
DislikedI mean the height of the histogram line. Please chk the attachment. I have marked it.
ThanksIgnored
Dislikedthanks everyone, i am just using demo account for now untill i get comfortable with the system. Looks like big battle at the 5580 i will short this when it closes under.Ignored