Hi 919gilead,
Thank you for taking time for all the screenshots and taking us through your thought process before entering a trade. Yes it is clearly visible in H4 chart that the GBPJPY is in an uptrend with some pullbacks. And there was a trading opportunity when price action crossed the moving average (hope you took the trade ). Oddly enough at this time JPY was very strong against all currencies, except GBP.
Studying your charts and all the tools that you are using for your trading system, MaDash is almost over kill. You probably don't even need it since you have a stand alone system with Multi Time Frame.
But for those of us that are relying on the SIGNAL that Madash produces, and there is talk about going as far as coding an EA that enters trades based on Madash signals (with Proper MM in place of course). So, based on your experience trading your total system and observations, can we adjust MaDash settings to give us the HIGHEST PROBABLE signals (Alert) as the MAIN ENTRY TRIGGER? Were there times that MaDash Signal and your entry decision actually coincided?
Thanks
Thank you for taking time for all the screenshots and taking us through your thought process before entering a trade. Yes it is clearly visible in H4 chart that the GBPJPY is in an uptrend with some pullbacks. And there was a trading opportunity when price action crossed the moving average (hope you took the trade ). Oddly enough at this time JPY was very strong against all currencies, except GBP.
Studying your charts and all the tools that you are using for your trading system, MaDash is almost over kill. You probably don't even need it since you have a stand alone system with Multi Time Frame.
But for those of us that are relying on the SIGNAL that Madash produces, and there is talk about going as far as coding an EA that enters trades based on Madash signals (with Proper MM in place of course). So, based on your experience trading your total system and observations, can we adjust MaDash settings to give us the HIGHEST PROBABLE signals (Alert) as the MAIN ENTRY TRIGGER? Were there times that MaDash Signal and your entry decision actually coincided?
Thanks