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Dislikedupdate: in the time of my last post, here are my results. almost $600, and abt 500 locked in.Ignored
Dislikedhello Idash,
can you pls post the the indicator or expert Advisory you have on your chart.
Also what timeframe do you pick the signal on(how do you trade it?)
Thanks
Ayour2aIgnored
DislikedHere: http://www.forexfactory.com/showthread.php?t=107119
Thanks GVC for opening this thread to keep the T101 System Alive... Maybe it is just me but im still not into baskets (14 or 8 pairs). I really love doing the jumping pairs. The movements of pairs really make it easy to identify which one of the pairs is the best to trade.
Also the monitoring of group of pairs (e.g. EUR, GBP, Yen, USD or CHF or NZD or AUD) and then fitting the weakest and the strongest also make the jumping pair trade really easy.
JovenIgnored
DislikedI
I was wondering if anyone has ever tried to plot the strength of a currency in a graph.Ignored
"Position of 7 buys at the top and 7 sells at the bottom. When that happens we must be ready to shift our trades to sells because the Ideal Position is the signal we have reached the apex. Also the Total profit tells you a lot. It indicates any change in trend. Right now it is struggling to move into positive profit after battling the negative spread, you could say it is now crossing the line and trying to break through."
Keep in mind that T101 did not write the PDF but I never heard anything from him that it was incorrect and not a good example to follow for the basics.
DislikedDKNY,
Would really love to see some of this in action if you have some time.Ignored
DislikedIdash,
Just for you. I really had to dig deep in my archives to find this.
If I am not mistaken it was developed by one of the former commercial members from this Forum. (Sorry I can't remember his name)
No Indi's or EA required. Just ensure that MT4 is running and that the DDE option is "checked".
RegardsIgnored
DislikedBased on T101 explanation I developed my own strength indicator (GSI) as shown in the attached picture. I normally attached my GSI on both the daily and the h4 chart just for the current week.
I can monitor the strength of all currencies. If i want to trade then i watch the Jumping Pairs and confirm that they are the two currencies in the outer rim of my GSI and just trade that pair or pairs but max to 4 pairs.
Glad to be of help.
JovenIgnored