60,15,5
sl 40, tp1 20, tp2 40.
sl 40, tp1 20, tp2 40.
MTF Stochastics into MTF Stoch Histogram 8 replies
MTF Trix Meter 1.1d help! 0 replies
5 digits fro trix and mtf trix 2 replies
Anyone heard of the TRIX indicator ? 4 replies
Trix indicator 2 replies
DislikedThis is the first time I have posted a chart so I hope it works.
Took 20 pips on the GBPUSD. I am only targeting 20 pips while I learn the system.
60-15-5 re-entry, had a bounce off the 50% fib and entry above round number. Entry 2 pips above the signal candle (+ 4 pip spread) = 1.6506 entry, exit @ 1.6526.
I have scalper signals on my chart to provide an audible alert, I have Roy's trix meter so I can see all the time frames at a glance and I like to look at the SMtrix for divergence.
I hope this makes sense.Ignored
DislikedThis is to give people an IDEA of what could go into a template.
Regs,Ignored
Disliked
Can you explain in more details how you use the Fib as it is a very powerful tool and should have full attention of any trader.Ignored
DislikedIndrek, I am certainly no expert on Fibs but this is what I do.
Before I commence trading I look for a recent swing high and swing low and draw my fibs. I then watch for support or resistance that may form at the fib levels. I have found the strongest levels at .382, .500 and .618
Fib levels don't work all the time but they are worth being aware of and they can add extra confirmation to go with the MTF signal.
There is a good explanation of Fibs at babypips.com in the school section.
I hope this helps.Ignored
DislikedDo we have a valid sell entrysignal on the 5/15/60 in the gbp/jpy??
which was filled after the 2nd candle?
dutchsignalsIgnored
DislikedIndrek You can creat a templet in 10 min but others can not. ..... RegardsIgnored
DislikedHallo traders,
I have a quite strage problem: I opened a trade (long USDCAD) an it was stopped out at once. ...Ignored
DislikedHallo traders,
I have a quite strage problem: I opened a trade (long USDCAD) an it was stopped out at once.
Attachment
I have no idea at all why Updatetopps did that. here are my settings of UpdateStopps:
Attachment
This is the same setting I used the last days ... with much better results! I always trade 0,3 lots.
????? Some ideas ... some help ... ?????
Ignored
DislikedIndrek
See the attached image
If I wanted a hard (oh crap) stop at 40 pips
If I wanted to take my first profit at 25 pips and have my break even move at 25 pips and have my second take profit at 40 pips and have a trailing 15 pips stop
Are the settings correct?
All I need to know is which numbers do I experiment with.
(and then I need the market to give me a profitable trade so I can see it in action on a demo account)
I am sure you can help with the settings, perhaps you may not be able to persuade the market to give me a profitable trade though...Ignored
DislikedHallo traders,
I have a quite strage problem: I opened a trade (long USDCAD) an it was stopped out at once.
Attachment
I have no idea at all why Updatetopps did that. here are my settings of UpdateStopps:
Attachment
This is the same setting I used the last days ... with much better results! I always trade 0,3 lots.
????? Some ideas ... some help ... ?????
Ignored
DislikedHallo traders,
I have a quite strage problem: I opened a trade (long USDCAD) an it was stopped out at once.
Attachment
I have no idea at all why Updatetopps did that. here are my settings of UpdateStopps:
Attachment
This is the same setting I used the last days ... with much better results! I always trade 0,3 lots.
????? Some ideas ... some help ... ?????
Ignored