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the key to the mint

  • #281
  • Dec 3, 2007 3:40am Dec 3, 2007 3:40am
Quoting croesesFX
age
shocs maybe overbought on daily but if you put up isma indicator in the same box you will see that its pointing up aswell and it does eventually catch up with the shocs, so that long burt missed would have been a good long trade

and I would have exit now @ 2.3280 as the isma has hit 90 on 1hr
Hi croeses,
What is the isma indicator? I know it has been mentioned before, but I could not find it.
  • #282
  • Dec 3, 2007 3:50am Dec 3, 2007 3:50am
age
go to the "Dollies forum", in the top right corner click on the attachments in there you will find the isma indicator, just download to your platform
here it is try it out

http://www.forexfactory.com/images/attach/mq4.gif lsma 3.mq4
  • #283
  • Dec 3, 2007 3:57am Dec 3, 2007 3:57am
Quoting croesesFX
burt
no, I posted eariler that I had just exit from short GU from Friday
Just wondering if you have decided to take another trade. Anyway, seems like you are doing well!
  • #284
  • Dec 3, 2007 4:11am Dec 3, 2007 4:11am
burt
the only trade I have on is the one from earlier long UC 1.1290
  • #285
  • Dec 3, 2007 4:12am Dec 3, 2007 4:12am
Quoting croesesFX
age
go to the "Dollies forum", in the top right corner click on the attachments in there you will find the isma indicator, just download to your platform
here it is try it out
Cheers buddy.
  • #286
  • Dec 3, 2007 5:05am Dec 3, 2007 5:05am
Morning All Just Got Up What Was The Story With The Big Spike Down On Gbpusd? Nice Move And Signal On Gbpchf
  • #287
  • Dec 3, 2007 5:19am Dec 3, 2007 5:19am
Quoting harold4x
Morning All Just Got Up What Was The Story With The Big Spike Down On Gbpusd? Nice Move And Signal On Gbpchf
It went down for a while then shot back up.
  • #288
  • Dec 3, 2007 5:22am Dec 3, 2007 5:22am
Was That A News Candle I Dont Like To Enter On Spike Candles That Big But If I Do Enter I Have A 30 Pip Safety Stop In Place And If I Go Up 20 Like In This Case And It Fired Back I Would Have Broke Even You Have A Set Of Rules But You Do Have To Examine Market Conditions Not Every Signal Is Like Friday You Have To Use Discretion Sometimes There Is No Set And Forget With This
  • #289
  • Dec 3, 2007 5:33am Dec 3, 2007 5:33am
Quoting harold4x
Was That A News Candle I Dont Like To Enter On Spike Candles That Big But If I Do Enter I Have A 30 Pip Safety Stop In Place And If I Go Up 20 Like In This Case And It Fired Back I Would Have Broke Even You Have A Set Of Rules But You Do Have To Examine Market Conditions Not Every Signal Is Like Friday You Have To Use Discretion Sometimes There Is No Set And Forget With This
I think there was a news which affected GBP half an hour before the candle closed so it might have influenced the outcome of the signal. I set my TP at 20 pips so mine was a hit which was a lucky break.
  • #290
  • Edited 5:56am Dec 3, 2007 5:39am | Edited 5:56am
Well In That Case when Price Goes In Your Favor Plus 20 Move Stop To Breakeven As A Safety Measure To Avoid The Whipsaw but you set target at 20 so it didnt hurt you this time but if you are sitting in front of computer thats what i would do thats money management which is holding on to your money also let me just say this if you took that signal and had a -30 pip loss it happens its part of trading this is not 100% perfect and no other system is either but if you remain consistent you will make money
  • #291
  • Dec 3, 2007 6:06am Dec 3, 2007 6:06am
ism coming up at 10 and no news tommorow so be careful
  • #292
  • Dec 3, 2007 8:45am Dec 3, 2007 8:45am
burt i took that trade also what was your stop?
  • #293
  • Dec 3, 2007 9:32am Dec 3, 2007 9:32am
Looks like EJ is putting up a long in the next 30 mins if it gets some RSI help
  • #294
  • Dec 3, 2007 10:43am Dec 3, 2007 10:43am
here are todays highlights i got into no trades. there was a signal at 8 gmt on gbpusd which was a spike candle even if you took trade when it moves +20 move stop to breakeven especially around news times. the only otherone was gbpchf which kind of had 2 signals one where it made a 34 pip high from entry so you could have grabbed something there but 2 hrs later another signal came that could have grabbed you 90 thats all i saw today
  • #295
  • Dec 3, 2007 2:35pm Dec 3, 2007 2:35pm
Quoting osirisisis
burt i took that trade also what was your stop?
Did you mean GBPUSD? I set my SL and TP at 20 pips, following the ratio of 1:1 at 0.1 lot. Always use wise money management!
  • #296
  • Dec 3, 2007 3:05pm Dec 3, 2007 3:05pm
well in 1 hr we will get tomorrows signal almost a gbpusd signal for this hr
  • #297
  • Dec 3, 2007 4:12pm Dec 3, 2007 4:12pm
boy dont you just hate consolidation times in forex. tomorrows signal is long gbpchf
  • #298
  • Dec 3, 2007 4:25pm Dec 3, 2007 4:25pm
for those who trade others long swiss short euro long cad
  • #299
  • Dec 3, 2007 4:38pm Dec 3, 2007 4:38pm
Quoting harold4x
boy dont you just hate consolidation times in forex. tomorrows signal is long gbpchf
Waiting for the candle to close with MA crossed as RSI and Stochs are already in place.
  • #300
  • Dec 3, 2007 4:40pm Dec 3, 2007 4:40pm
there is a possible signal brewing on gbpchf
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