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  • Post #1
  • Quote
  • First Post: Feb 12, 2007 8:06am Feb 12, 2007 8:06am
Look for the set up onthe day chart
we are looking for

Attachment

1. looking for the channal - for it to break it or ride in it
2. look for the 5/8crossing the 18/28
3. look for the stochconfirming the breakout

then move to he 30 min
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Quoting TEB63
Look for the set up onthe day chart
we are looking for

Attachment

1. looking for the channal - for it to break it or ride in it
2. look for the 5/8crossing the 18/28
3. look for the stochconfirming the breakout

then move to he 30 min
its okat the 2nd post , it what should have been inthe 1st


I just look at all my day chartd till I see this formation

then I move to the 30 min & just do the normal system
I am 10 or 10 at this point
I am doing 35 pip stops
What settings on the stoch? And how do you set your target?

Quoting TEB63
its okat the 2nd post , it what should have been inthe 1st


I just look at all my day chartd till I see this formation

then I move to the 30 min & just do the normal system
I am 10 or 10 at this point
I am doing 35 pip stops
I am still playing a little with it

on the day its 14,3,3

on the 30 mins
I am trying both the
14,3,3 & the 8,3,3

what do you think is the best?
not sure. Let me look at a few charts and compare. But if you've got 10/10 --whatever you're doing is right on.

Quoting TEB63
I am still playing a little with it

on the day its 14,3,3

on the 30 mins
I am trying both the
14,3,3 & the 8,3,3

what do you think is the best?
well there is a bit off luck I am sure
& on monday if you get the trend its easy to get a lot trade right

but I am having fun today?
There doesn't appear to be a big difference in the stoch settings. What's your exit parameters?

Quoting TEB63
I am still playing a little with it

on the day its 14,3,3

on the 30 mins
I am trying both the
14,3,3 & the 8,3,3

what do you think is the best?
Which pairs are you trading like this? And does it produce a lot of trades per day?

Quoting TEB63
well there is a bit off luck I am sure
& on monday if you get the trend its easy to get a lot trade right

but I am having fun today?
I am on oanda
& yesterday I just looked at all of their pairs

the ones that had the day set up
(some of which I never traded before ie usd/mxn)

I lined them all up there where 8 i believe & 2 more today

& when the 30 mins said iin - I was in!!
( away from the news times of coarse)


But I do think its great system - but I also think I am a bit luck today
Sounds good, but please share how you determine your profit level? Are you aiming for a fixed number of pips? If so, how many? Or are you waiting for some other indicator?

Quoting TEB63
I am on oanda
& yesterday I just looked at all of their pairs

the ones that had the day set up
(some of which I never traded before ie usd/mxn)

I lined them all up there where 8 i believe & 2 more today

& when the 30 mins said iin - I was in!!
( away from the news times of coarse)


But I do think its great system - but I also think I am a bit luck today
  • Post #14
  • Quote
  • Last Post: Feb 12, 2007 12:40pm Feb 12, 2007 12:40pm
1. cross back throught the 18/28 is my plan
2. also I use the Sar & the stoch together for signs
I got a few exit sign early this morn
( i should have let them ride.)
3. 3 hit my stop loss- still for wins as I had moved them up

I have been bussy this moring - put most of the trades on last night
& very early this morn - & have not been able to baby sit them
- as I have had to fix some water damage -
- but I think I would put a higher SL - or none & just watch them...
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