Hi,
Could anyone tell me if this was indeed a valid long trade?
Rgds
Eddie
Could anyone tell me if this was indeed a valid long trade?
Rgds
Eddie
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DislikedHi,
Could anyone tell me if this was indeed a valid long trade?
Rgds
EddieIgnored
DislikedHi guys,
I pips eventually closed the trades on a profit of 42 pips for eurusd and 28 pips for usdchf.
The green and red indicator is a non lagging moving average indicator that follws price closely. If u apply it on your chart, it helps you stay in the trade longer and make more pips.
Green signifies an uptrend and red colour means a downtrand. I also use it to exit my positions. It helps me stay longer in the trade even when ALF crosses PA.
You can try it and see how it works for you.
Thanks Lou.
Regards.Ignored
Dislikedhi pipzap,
would u go short for GU... see my attached chart.. thanksIgnored
DislikedMy decision either to go short or long will be based on the trend i see on the higher TF. As at the time you were saying, if the trend of GU on 4hrs is down (sometimes i check daily), then i will go short since it agrees with my ALF and MA.
I do not put TP cos i watch till my NonLagMa changes colour, then i exit my positions.
ThanksIgnored
DislikedHi Lou,
I entered on the fith last candle from the end. The TVI had turned green and just started curving upwards. I took 27 pips.
Apart, form the time of day, is there anything you think would have kept you out of that trade?
EddieIgnored
DislikedPretty text book entry.
The exit could be let to run more but it is late London and mid US, so I exited at fixed 20 pips.
MarkIgnored