Raz, what do you think about long EURUSD and short USDCHF trades at the close of current bar, they seem valid signals.
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I passed both them up for now, everything lines up but the 3 ema was still above the 20 ema(on USD/CHF) and same with euro(3ema below the 20 ema). So going to watch and see if I can get in on a pull back. Although right now it looks like it is going good if you got in.
I passed both them up for now, everything lines up but the 3 ema was still above the 20 ema(on USD/CHF) and same with euro(3ema below the 20 ema). So goung to watch and see if I can get in on a pull back. Although right it looks like it is going.
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At the close of 1:30 bar on FXDD, 3 ema was below 20 for both pairs (1.0009 vs. 1.0010 for USDCHF and 1.5060 vs. 1.5056 for EURUSD). Thanks for the reply.
And there was AUDUSD long signal at the close of 1:00 bar, but not trading yet as you are demoing this pair and also we have Retail Sales data due now.
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Joined Jun 2008
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Status: Trade to Survive
|916 Posts
this sucks, I have to power down my cpu now, adding a new vid card, and installing 2 more monitors, but going to monitor those three pairs. Being disciplined here, had to pass the loonie up the 3 ema was still above the 20 ema, looking to get in later.
I already talked to Raz about this when I first found this thread.
This is absolutely the Raz method if you paid attention at all
you would easily see that. Rsi cross with macd and ema 3/20
as well as adx confirmation... made personal by me as Raz said he wanted
people to do.
GBPUSD is in long mode since Dec. 1st and what you posted has nothing to do with RAZ method (including all those other indis on your chart). Please post RAZ related trades not to distract, otherwise nobody cares what you do on your own.
I already talked to Raz about this when I first found this thread.
This is absolutely the Raz method if you paid attention at all
you would easily see that. Rsi cross with macd and ema 3/20
as well as adx confirmation... made personal by me as Raz said he wanted
people to do.
I wish you all the best.. good day
Brian
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Blackeagle I am sorry I did not read that far back when you posted this. As for me I am personally trading the method by the original rules and have not change it, well yesterday I did bend it a bit and it cost me, however if anyone feels the need to adjust it to their own personal settings I am fine with that, and if they care to share it by all means I open to it.
However I want to make it clear that I personally am not changing anything and I will post all my trades and stats. So if Golden1 wants to add extra indicators, by all means go right ahead. However if anyone has a question that purtains to his adjustments then I believe he is obligated to explain.
So to all fellow traders, please trading is a risky business, as you can see I just got my butt kicked last night by not following my own rules, but make sure that you are comfortable to a trading method before you role with it.
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Joined Jun 2008
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Status: Trade to Survive
|916 Posts
well looking back the AUD/USD did hit +25, so I give it till mid January then I will start taking live trades, but so far its has been 4 winners and 1 loser so far on AUD/USD
well looking back the AUD/USD did hit +25, so I give it till mid January then I will start taking live trades, but so far its has been 4 winners and 1 loser so far on AUD/USD
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Joined Dec 2008
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Status: Elliot Waves / Gann Box
|346 Posts
Hi Raz I am still confuse with the 4 H chart signal, I got in this trade yesterday buying GU based on a confirmation from the 4 H chart, This trade hit my SL first before moving to the right direction, I noticed that the 4 h was retracing but all the moving averages showing strong trend , Please help ,Thanks
I am still confuse with the 4 H chart signal, I got in this trade yesterday buying GU based on a confirmation from the 4 H chart, This trade hit my SL first before moving to the right direction, I noticed that the 4 h was retracing but all the moving averages showing strong trend , Please help ,Thanks
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Hello Tazzam,
First of all I hope you are demoing this before trading real money like I am. 4hr charts just indicates one thing, we are either in LONG MODE or SHORT MODE. Looking at your chart the MACD easily filters that signal out, since the macd line is clearly pointing down this will void that entry out. I hope this clears it up, but continue to ask if it isn't.
Hello Tazzam,
First of all I hope you are demoing this before trading real money like I am. 4hr charts just indicates one thing, we are either in LONG MODE or SHORT MODE. Looking at your chart the MACD easily filters that signal out, since the macd line is clearly pointing down this will void that entry out. I hope this clears it up, but continue to ask if it isn't.
