Hi oan4fx,
Can you use the the Po2 template which is for the GBPJPY, on the 30minute TF for GBPJPY.
thanks
Can you use the the Po2 template which is for the GBPJPY, on the 30minute TF for GBPJPY.
thanks
My own developed benkyalate system
Hi oan4fx,
Can you use the the Po2 template which is for the GBPJPY, on the 30minute TF for GBPJPY.
thanks
in usa time most big funds enter to dry up usa time traders liquidty i dont know why but that what i have noticed so just scalpe with 30 miutes in asia and europe time and in usa market opening time use the 4hour frim only.
my regards.
oan.
gold is in down trend that will end some where in 680 but i advice to long it from now start building your positions from now .
from a fundemental view gold will gain more and more and will be for a long time in bull market despite the last drop because falling of gold mining residulaes so my last advice o shorting i chage now to be more relastic and to be with the rigth maor trand i advice to long gold and it may drop to 680 so ust keep adding up start with a small position not more than .5 % o your equity if you have 10okilos start with 500$ it will buy you about 50 onze or more then add later on 100 onze at 700 if it fall down then 200 onze at 670 and i think it will be the gold last drop...
Your forecast regarding Gold is absolutely right
FYI I've attached an actual snapshot of the COT Gold Chart.
As you can see the big dogs are extremely net long (yellow line)
and the small speculators are extremely short (blue line)
So I also expect a longer rise in Gold price.
The COT data are not a recommondation to buy but a hint where
price is heading to because the big dogs rule the market !!
Happy Pippin
Bernhard
Hi Yast !
As you may know the year has over 220 trading days !
I concentrate only on the trades with high risk reward potential (A-Trades)
and then go in with larger lots.
It's not necessary to be in the market all day.
When you want to scalp you can do but I don't recommend it,
because for that you have to have a very strong personality.
Only then you are able to be profitable in the long run.
Greetings
Bernhard
, still need to learn many things. As i read previous post from Oan4fx, is it i can put long position and grab 60 pips profit ? However, i very appreciate Oan4fx that share this great system to us !! He had done a great job !! THanks !!
Beginner of MQL programming
please just follow up this rules.
trade 4 houres frim this sytem was designed to work in 4 houres frim only
so you may find breaks up in other time frims so ust trade the 4 houres
the original first system is an open version so you can use up with any market
the modified systems was modified for there own markets.
oan it is for turbulent markets like now adays market so i advice now adays to use oan template only .
uis 1 is for scalping only in asia and europe time
uis 5 is for long term trading only dailly frim
po1 is for gold trading 4 houre frim
po2 is for gbppy trading 4 houres also
all can apply to any market in 4 houres frim .but you need to confrim there signals.they have small differencce thats all.
scalping in this time only from 7 est pm to 7 est am only .
my regards
oan.
trade 4 houres frim this sytem was designed to work in 4 houres frim only
so you may find breaks up in other time frims so ust trade the 4 houres
the original first system is an open version so you can use up with any market
the modified systems was modified for there own markets.
oan it is for turbulent markets like now adays market so i advice now adays to use oan template only .
uis 1 is for scalping only in asia and europe time
uis 5 is for long term trading only dailly frim
po1 is for gold trading 4 houre frim
po2 is for gbppy trading 4 houres also
all can apply to any market in 4 houres frim .but you need to confrim there signals.they have small differencce thats all.
scalping in this time only from 7 est pm to 7 est am only .
my regards
oan.
Why my chart different with yours ? From my chart, EURUSD should be heading up now, because it touch the bottom green dot line.
and your chart i think it is old please try to post a new chart use this brokers only
odl securities.arabicfinicialbrokers.fxopen.hymarkets.verangoldenbank.new era trading.orion brokers
timing of chart is very important and i recomend est time only .so brokers that follow est is good.
my regards.
oan.
- #357
- Edited 8:44am Nov 2, 2008 8:33am | Edited 8:44am
yast i think beho have used the uis5 template wich is for dailly frim only so his signal need to be corrected by looking at dailly frim .
my regards.
oan.
From your experience, does this strategy work ? and how about the risk ? Thanks for your advise .
Beginner of MQL programming
Hi Oan, I'm thinking a strategy, but need your advise. That is if i have usd 10,000 account, when the price of EURUSD hit the doted line, i open 1 lot position without stop loss, when the price is hitting the solid line, i open a 3 lot position without stoploss, when both profit pips add up is equal to 100 pips, i close all position.
From your experience, does this strategy work ? and how about the risk ? Thanks for your advise .
yast i think beho have used the uis5 template wich is for dailly frim only so his signal need to be corrected by looking at dailly frim .
and your chart i think it is old please try to post a new chart use this brokers only
odl securities.arabicfinicialbrokers.fxopen.hymarkets.verangoldenbank.new era trading.orion brokers
timing of chart is very important and i recomend est time only .so brokers that follow est is good.
my regards.
oan.
Beginner of MQL programming
Hi Oan, I'm thinking a strategy, but need your advise. That is if i have usd 10,000 account, when the price of EURUSD hit the doted line, i open 1 lot position without stop loss, when the price is hitting the solid line, i open a 3 lot position without stoploss, when both profit pips add up is equal to 100 pips, i close all position.
From your experience, does this strategy work ? and how about the risk ? Thanks for your advise .
and start with minimal you can then add every 50 pips you will end in big profit believe me .
my regards.
oan.