Next to indicate the Box.
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DislikedExcellent thread ForexCube! Very interesting... thanks for sharing!
Have you been trading this method yet? What has your success ratio been like? Obviously in a trending market this would work well?Ignored
DislikedBe careful not to let hindsight bite you in the @ss
Just an observation.Ignored
Limit Order
A limit order is placed when you are only willing to enter a new position or to exit a current position at a specific price or better. The order will only be filled if the market trades at that price or better. A limit-buy order is an instruction to buy the currency pair at the market price once the market reaches your specified price or lower, and is lower than the current market price. A limit-sell order is an instruction to sell the currency pair at the market price once the market reaches your specified price or higher, and it is higher than the current market price.
Execute the Correct Orders
Having a firm understanding of the different types of orders will enable you to use the right tools to achieve your intentions - how you want to enter the market (trade or fade), and how you are going to exit the market (profit and loss). While there may be other types of orders, market, stop and limit orders are the most common of them all. Be comfortable using them because improper execution of orders can cost you money.
To read more, see The Stop-Loss Order: Make Sure Your Use It, A Logical Method Of Stop Placement and Trailing-Stop Techniques.
by Grace Cheng
Read more: http://www.investopedia.com/articles...#ixzz1UMmYWYuK
DislikedLook at the chart then you see what I mean
Made a little mistake: not -10 pips on the first 3 positions but -5 to -6 pips. Anyway I think the problem I mentioned is clear .Ignored
DislikedYou don't need any indicators. If you think you will implement some ones feel free to do it.Ignored