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- Midnight05 replied Jun 30, 2010
Hey there, I use FXCM MT4 to read the indicators and MTS2 to enter the trades.
- Midnight05 replied Jun 26, 2010
Sorry Ive been away for a while, heres the indicator I use but as they say the alarm keeps firing up until it completely crossess the obos level, also these couple of days have been really slow for the system, so I am trying with a new some kind of ...
- Midnight05 replied Jun 23, 2010
Yeah there is a lot of variables that have to be considered, for instance I was thinking that the long/short call, should be made AFTER the RSI (8) has crossed the OBOS lines and taking in consideration the average of the RSI values after that point ...
- Midnight05 replied Jun 23, 2010
Yup thats what I mean, Am really sorry guys if i cant explain myself better its just english its not my first language and with all the technical terms i think its worse.
- Midnight05 replied Jun 23, 2010
Mmmm not quite sure, but I get at the most 1 bad trade a day if I get any. By the way a couple of minutes ago I got in one of those situations that u described before of the RSI getting to 85 and having a small drawdown just to climb up again on ...
- Midnight05 replied Jun 23, 2010
Hehehe, well I honestly dont think its a knack, cuz i can assure you if u have the 85 and 15 ob/os on RSI I think that a temporary pullback its not very likely cuz if you wait for that bar to close u r not gonna make it to your TP, wait for the ...
- Midnight05 replied Jun 23, 2010
I usually dont wait for MM, but when am close to them I wait to see if they are broken or not, I rather have a few positive trades than risk for a lot of false signals, and hyperion1980, as an advise NEVER trade during news releases with this ...
- Midnight05 replied Jun 23, 2010
I dont think you shouldnt wait until the close of that candle cuz the reverse line on RSI (8) started to turn back probably a few seconds after the open of that candle, at that point you should go long before the close of that candle.
- Midnight05 replied Jun 23, 2010
Well i guess its the second scenario you propose hehehe, I uploaded one example: for instance the alarm went of in the first bar above the blue line, and as you can see on the RSI indicator i didnt see the line turn back up until the bar above the ...
- Midnight05 replied Jun 23, 2010
I would recommend definately going with RSI(8) 85 15 you will get less signals but better ones, and also wait until you see the reverse on the RSI graph, dont enter the trade before that (you wont make the pips) and if you feel that you still wont ...
- Midnight05 replied Jun 23, 2010
Well I wait until I see the reverse on the RSI when the next 1M candle forms, cuz sometimes it continues to escalate, and that UJ trade well I dont trade without SL, (I read enough to know that is suicide when scalping) my SL is always 10 pips at ...
- Midnight05 replied Jun 22, 2010
Hey there, well these couple of days have been a little bit slow (missed a couple of good signals on the 15M charts cuz I wasnt at my desk) but I made about 40 pips yesterday and 30 today, right now am trading on 4 symbols as you can see in the pics ...
- Midnight05 replied Jun 21, 2010
Ohh Ok Thnx soo much wwwin, I didnt understood that. Its just I analyze the charts with FXCM MT4 cuz of the indicators I modified, and use the micro platform cuz i like the way it works with oneclick trading, so I never noticed that fact before. ...
- Midnight05 replied Jun 21, 2010
Hey there Hoss, I tryed your system for over a month now, It really works like a charm some days are better than other though, the only thing I changed is the RSI alarm levels to 85 15, and you were right you dont get a lot of signals during the day ...
- Midnight05 replied Jun 21, 2010
Micro Trading Station 2 Question... — Hey there Jason Ive been following this trend because a friend of mine recommended me to go with fxcm, but right now am testing the MTS2 and well i posted an order here with tp on 5 pips as you can see in ...
- Posts by Member Search: 'Midnight05'