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We can wait for an entry signal to SELL USD/CAD and BUY NZD/USD.
Now look at H4 chart of USD/CAD and NZD/USD:
EUR/USD now has a nice signal to re-enter for a long position. With this re-entry, we can get 20 - 30 pips profit.
The pair is now running north and my position is about to reach its 100 pips traget.
Hi all, Just coming back after a short vacation. Are you all ok? any one trys this system and how does it work? I have an open trade on E/U and it's running with some green pips.
WSS = World Simpliest System (another system on FF by Teb63) to show 200 EMA on different timeframes --> Green: Price above 200 EMA; Red: Price below 200 EMA. ADR = Average Day Range.
Yes, exactly that's it friend.
"3_level_ZZ_semator" indicator tries to indicate tops and bottom. When we see a "3" signal, maybe it is an overbought/oversold point. I mean that we'll buy when price touches th lower border of Shi then reverses into the channel; vice versa for ...
30K?! He didn't use stop loss!
What do u mean by this statement? How do know, in clear terms, the time the signals are about to appear on H4? Pls can you explain this with charts?[/quote] I said "about to appear" because the candle hadn't closed below 200 EMA yet at that time. A ...
Sell stop G/U; Take profit 50 pips of a half position.
With this method, 3 semator is very useful. It tries to determine an overbought/oversold point. So when we combine it with Shi-channel and 200EMA (showing trend), we can trade with very reliable signals.
Ok. this is a situation we can prepare to trade. The signals are about to appear on H4. Switch to H1 and enter at a 1-2-3 pattern. You can sell stop GBP/USD at 1.6085; SL and TP 100 pips.
With this method, I use two other tools to filter Shi signals: 1. 200EMA to determine a trend 2. 3 semator indicator to define an overbought/oversold point. And the idea to trade Shi-channel is: - Buy only when price stays above 200EMA; sell only ...
Shi-channel is a very popular indicator and many traders have used it to trade effectively. Every ...
This pair is following my system Move stoploss to BE to protect account through the weekend.
Look at EUR/GBP H4 now, a long signal's coming! — I think this is a good signal, wait and see... Buy when everything is ok.
Re-entry: Sell USD/CHF at 0.9707 — Sell USD/CHF at 0.9707; TP 50 pips; trailing-stop 30 pips.