i have seen that the dots changes places and the indicators too. Can anyone verify this?
Supernova GBP/JPY Mini Trend Catcher
- #404
- Aug 30, 2007 10:01am Aug 30, 2007 10:01am
A look at a higher TF also helps to avoid false signals -- which is why I use the ADX in the attached formatt.
Again - I am very impressed with this thread -- and the simplicity of this system -- the "aditional" indicators I use on my chart simply make this system "mine" (for me, so I can understand it and see movements clearly) -- which is one of the keys for all of us -- what works for YOU -- and to arrive at that it takes time watching the market, best jusst 1-2 pairs at a time, observing how they move (each tends to have its own "way of moving").
A system of indicators helps (some systems help more than others, and this one is VERY good) - but the reason a trader with experience takes a trade that seems not to comply with the system's rules is that he/she just KNOWS that he is riding a good possibility, and they know that by experience. It is not something they can always really explain, as much as they try to.
Also that is what we are doing -- looking for possibilities -- no guarantees. Losses WILL happen -- cause noone, no indicator, no trader can predict the future -- we are just learning to recognize patterns that show us high probabilities -- and with good management, we end up in profit at the end of the week.
- #410
- Aug 30, 2007 11:00am Aug 30, 2007 11:00am
What about this ?
Although I can't know for sure. tell me what time the signal was generated and I'll have a look on my VT when I get a chance.
