i have believe that EU will goes down starting monday..just see later
5/6 candle swing low swing high Indicator 5 replies
Swing high / Swing low indictator+alert? 20 replies
Trading Swing by Swing 39 replies
Swing highs and swing lows 3 replies
swing high/swing low indicator and volume tic history 13 replies
Disliked{quote} Hi Oracheal, Don't fall in the trap of the perfect strategy, this is not one and that just doesn't exist. What I'm trying to do is simply to find a way of limiting the risk when trading it. Always be alert when you trade any strategy, including this one !Ignored
DislikedYou may be right broketrader. Anticipation to upside movement is indeed supported by 0.618 fibo level too other than broken TL. Lets see if this hold true we may be seeing 1.272 fibo level or maybe even 1.618 level thus triggering the next uptrend movement. I entered half of my position as suggested by broketrader as anticipation signal around 50% retracement level. Lets see how this go {image}Ignored
DislikedWell I think that if you apply any kind of anticipation it could only be valid if price at least cross the 96 sma and the SRSI is closed to trigger but not quite.Ignored
DislikedWhy are you not following your system. 1hour EurUsd didn't cross the 96 moving average and rsi as well didn't cross the 30 level. system is still showing its sell signal {image}Ignored
DislikedFine! the system has shown its best side. Trust the system and use the right money management. Here I closed sell. {image}Ignored
DislikedTime to move to next trade and implement the new entry strategy. After a series of three Lower Highs and Lower Lows, we got suddenly a Higher High plus a break of the recent trend-line, two reasons to initiate a long trade. There is still the possibility of this being only a counter-trend given the short age of 20-12 (half week) so instead of adding 50% as Anticipation entry I will go with 33%, of final position, another 33% will be added at step 2, this will limit my exposure in the case 20-12 resumes. On the MM side, I have also reduced my total...Ignored
DislikedWhat in God's name is going on now! I am off trading till next month! CheersIgnored
DislikedHi BT, I've read through the first 10 pages but wondered if you've made any comments around how you re-enter a trade. So for example, say you sell into a down trend and you close at 100 pip gain. You're happy with your profit. BUT the trend then extends further down and you recognise this could keep going for a while. Do you wait for a trend line rejection or are you looking more for an SMA96 rejection before entering in again? Enjoying this forum, best one I've found on here. Feel everyone is equal and learning together.Ignored