you mean you think i win most at the end of the mounth if i use 50 pips candle instead of 20 ?
do you think 50is the most optimal or perhaps 100 ?
best regards
But you can backtest with 20 or 100, it's easy but long
- #23
- Nov 8, 2009 5:13pm Nov 8, 2009 5:13pm
- | Joined Jan 2008 | Status: Trillion Dollar Man | 1,495 Posts
- #29
- Nov 9, 2009 10:52am Nov 9, 2009 10:52am
- Joined Aug 2007 | Status: Doing It In Dubai | 2,457 Posts
Let's see what happened today, we have 5 more candles :
Candle 7 why did you take the Long trade. The previous two weren't green.
- #31
- Nov 9, 2009 11:01am Nov 9, 2009 11:01am
- Joined Aug 2007 | Status: Doing It In Dubai | 2,457 Posts
Because we are in a range, not a trend : the 3 previous candles are red, green, red, so i play green
Zebulon,
Interesting indeed. So to clarify, you don't care if the candle has long wick right. As long as in that 30 min it has move 50 pips then you count it? Also, if the candle that move more than 50 pips, say 110 pips in 30 min do you count that as 2 or still just 1.
Interesting indeed. So to clarify, you don't care if the candle has long wick right. As long as in that 30 min it has move 50 pips then you count it? Also, if the candle that move more than 50 pips, say 110 pips in 30 min do you count that as 2 or still just 1.
this night, we had 2 more candles and 50 pips more
total 250 pips for november
- #35
- Nov 10, 2009 4:13am Nov 10, 2009 4:13am
- | Joined Sep 2009 | Status: Freshman Fledgling Neophyte | 1,663 Posts
this night, we had 2 more candles and 50 pips more
total 250 pips for november
- #36
- Nov 10, 2009 5:31am Nov 10, 2009 5:31am
this night, we had 2 more candles and 50 pips more
total 250 pips for november
When or what the range is, i mean when to use this method......
Can u explain to me by an attachment when to use it and when not....