The new setup with the 40 seems to be working very well indeed. In fact, its good from frankfurt session.
Regards
Pardy
Regards
Pardy
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DislikedThe new setup with the 40 seems to be working very well indeed. In fact, its good from frankfurt session.
Regards
PardyIgnored
DislikedCool, not seeing any room for improvement here to be honest, have you moved to the 15sma rather than 20/22 yet ??? I'm prefering that too ( both on my charts to compare live )
EJ's about to signal a exit for +35
15 on eu and gu, gu's trying to signal long soon maybe.Ignored
Dislikedhello turveyd,
look at that screen attached,just happend in GU. how do u detect that sort of chop zone ? i got in twice and got stopped out -15p.i entered every time the 3sma broke 15/40. when the PA finally started rising, i wasnt in because i didnt know how long the chop zone lasts ... how do u trade that?Ignored
DislikedGuys the best way to have a live room for discussing your method further and to let each other know of potential trades forming with chat kept to a minimal seems like a good idea...Best place is to do this on Skype....
Skype chat rooms are easy, nice simple user interface, friendly to use. The best free way to go for sure, beats msn and yahoo.
For those of you who dont have Skype installed the latest version of skype doesn't support the chat rooms anymore, you need Skype v3.8.0.188 which you can google and download either from filehippo or oldapps...Ignored
Dislikedthanks turveyd,
will try to get out sooner in future trades.
perhaps theres a good (time based?) chop-zone-detect-indicator out there, that will help improving your system.
do you plan to program an EA for your system ?Ignored
Dislikedhello turveyd,
look at that screen attached,just happend in GU. how do u detect that sort of chop zone ? i got in twice and got stopped out -15p.i entered every time the 3sma broke 15/40. when the PA finally started rising, i wasnt in because i didnt know how long the chop zone lasts ... how do u trade that?Ignored
DislikedThis is not totally mechanical, although it looks like it will make a profit it's better to be selective.
the 50 and 00 sweetspots are key as well, there working well, GU bounced off the 1.5350 and back to 1.5300 for instance just.Ignored
Disliked
If you don't trade the chop zone, then you are looking for a breakout to end it - these can be fake of course! Having some other charts open is useful, which is why I use a demo version of Metatrader - you can see if there is a breakout of GBP against other currencies too, or if everything is zooming up against the USD.Ignored