Hy guys !
First I want to thank to DAZfx for sharing this system to us !
I am a N00b and I am verry glad that I found this thread, couse I sow and studied a lot of systems, but it seems that the best systems arround here are thouse wich are based on the price action.
I found arround here a few systems that are quite in the same area with your system Daz.
I hope you don't mind that I am posting here the names of thouse threads (if you like you can delete my post - and I will understand you action and never talk about other threads arround here) , but I think that for noobs like me, thouse informations will help others to understand and apply beter your system.
Is about feb2865 threads: "The System (Irony included)" and "The System II (Yes with irony)"
I am working with this two systems and it seems that your system is a new face of thouse informations that I have learned from feb's threads.
I think you have a verry realistic and healthy way to look at the TP and SL setup using the Fib lines .
I also like the fact that you are using the Stocastic and 5SMA wich they seem to confirm you good trades.
Till now I have one question:
My broker have the Fast Stocastic and I can set only the uper level, lower level, the k_period = 8 and d_perioad =3.
As I sow you are using a stocastic fast that have a (8,3,3) set up.
Is my stocastic ok with only two coordinates ?
That's all for now but I will come with further questions when I will start my demo work with this system !
I will work from Monday with you indications and I hope we will keep alive this thred couse I think many traders will find it verry useful !
Thx verry much and I hope you will come back as soon as you can !
You have my respect and my gratitude !
Have pips !
FX_N00b
First I want to thank to DAZfx for sharing this system to us !
I am a N00b and I am verry glad that I found this thread, couse I sow and studied a lot of systems, but it seems that the best systems arround here are thouse wich are based on the price action.
I found arround here a few systems that are quite in the same area with your system Daz.
I hope you don't mind that I am posting here the names of thouse threads (if you like you can delete my post - and I will understand you action and never talk about other threads arround here) , but I think that for noobs like me, thouse informations will help others to understand and apply beter your system.
Is about feb2865 threads: "The System (Irony included)" and "The System II (Yes with irony)"
I am working with this two systems and it seems that your system is a new face of thouse informations that I have learned from feb's threads.
I think you have a verry realistic and healthy way to look at the TP and SL setup using the Fib lines .
I also like the fact that you are using the Stocastic and 5SMA wich they seem to confirm you good trades.
Till now I have one question:
My broker have the Fast Stocastic and I can set only the uper level, lower level, the k_period = 8 and d_perioad =3.
As I sow you are using a stocastic fast that have a (8,3,3) set up.
Is my stocastic ok with only two coordinates ?
That's all for now but I will come with further questions when I will start my demo work with this system !
I will work from Monday with you indications and I hope we will keep alive this thred couse I think many traders will find it verry useful !
Thx verry much and I hope you will come back as soon as you can !
You have my respect and my gratitude !
Have pips !
FX_N00b