DislikedThanks for this great system.just took a late entry on the euro.T.P is at pivotIgnored
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DislikedThanks for this great system.just took a late entry on the euro.T.P is at pivotIgnored
DislikedHi Dredding82
I'm so far a mixed bag with this system.
I created a system similar to this one using the famous indicator
Supersignals_v3 about 6 months ago. What I would do is use the supersignal indicator in the same way as your semafor. I would confirm the super signal with a none-repainting indicator like your hienken ashi. Obviously your system is way more refined by the use of pivots and a stochastic indicators making the system make much more sense.
Problems with my system.
I was scared of every trade I took because it felt...Ignored
DislikedPlease post the trades you took today and lost maybe i can see where you went wrong pivots dont repaint and neither do any of the other indicators but the zigzag....Like i told everyone you will have losing trades, that is a part of trading NOTHING is 100%.Ignored
DislikedSense we are talking about repainting...
The semafor and zigzag repainting is what scares me the most. It can happen even if you wait for conformation with hieken ashi on a pivot point. Yes, trading on a higher time frame can help but still the problem is still there. There is not problem with this. It's part of the system. This would be considered a losing trade and as you said not every system is 100% perfect.
I know the pivots do not repaint. This is not a problem.
Yes, no system is 100%. Still a great system you have here.Ignored
DislikedIf you would please post the pics of trades you took so i can tell you why it did or didnt work.....I cant help if i cant seeIgnored
DislikedOk 2 trades right? so your first trade made profit right? the second one you took was not valid because it did NOT FAIL at a fib pivot.....for it to fail at a Fib Pivot it either needs to touch then retrace up or it needs to go thru then close higher or lower.......
here are all the possible trades on euro for today.....Ignored
DislikedGuys, could you please help me out: i can't send PMs and been looking the whole day to figure out indies used on this discussed chart - unsucesfully...
Could you please attach them too - or just give names?
It would be so much easier
Thanks in advance.Ignored
DislikedGuys, could you please help me out: i can't send PMs and been looking the whole day to figure out indies used on this discussed chart - unsucesfully...
Could you please attach them too - or just give names?
It would be so much easier
Thanks in advance.Ignored
DislikedIt is a possible right now...it blew thru the pivot now you need to wait and confrim it. This could be a enter into a retracement from the last big downtrend move but it is more likely to go up due to the H1 chart for nowIgnored
DislikedHmm as I was aware that pivot points are not entirely accurate right at there exact fib line. They don't necessarily need to touch or pass threw the lines in order to show actual resistance.
Do you find that waiting for them to actually touch or go threw and fail is is the most accurate? I didn't know these lines were so pin point...Ignored
DislikedI see. This is what you're saying....
This candle actually closed above the fib level causing it to be mixed or more likely to contenue up then going down because of the closing above the fib level.....Ignored