DislikedPhillip, thank you for the audio today, it was very helpful. One question though . . .
In post #485, you wrote that your settings on the SMAAngle indicator is:
50
0.15 (Angle Treshold)
2
0
But towards the very end of today's audio (about 6:10), you mentioned both .2 and .23 degrees. Please clarify the proper indicator setting.
Thank you kindly.Ignored
I think what Phillip is refering to when talking about .2 & .23 on the mp3 is the horizontal line that you need to drawn/insert (manually) on the SMAangle indicator. It doesn't mean you are changing the setting of the indicator. My indicator's settings are still the same
I do have my red lines set as close as possible to 0.1 AND 0.2 as possible. See post#505 on page 34 for an explanation of my rules (summary of Phillip's system).
Attached an examples of my set-up and my 4th trade using this system (4 profit trades in a row). The fist with the thumb was my entry and exit 10 pips later.
Hope it helps.
Willem
Attached Image
Willem
Forex recipe for success = Patience, discipline & hard work.