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- | Commercial Member | Joined Jul 2009 | 5,375 Posts
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Please suggest a simple & effective Method/System of "Trading System" Forum to newbie 180 replies
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I've caught some good trends with Carmen but lately I do seem to be getting stopped out a fair bit and you seem to be having better success so I'd really appreciate your insight.
Many thanks,
Pushers
DislikedThis is what happened today for me.
+66pips 1st crossover
+10pips 2nd crossover + 30pips @ reentry
Total: 106 pips
Wow impressive today..It has exceeded my target of 50pips/day.
Thanks again.Ignored
Dislikedforexforex,
I was wondering why in the example in this post (645) you waited until what seems like the second or third 30 minute candle after we crossed the blue line to buy. Is there a filter you used to cause you to wait?
Thanks,
PTIgnored
DislikedI usually wait until white line confirms the current trend as indicated by the white line and current price have crossed over and past the previous white line. This usually happens between 2nd and 3rd candle at the crossover. My point of Entry is usually at the 4th candle as it is passing the last white line.Ignored
DislikedForexforex,
I was wondering what that second white line is? I know the one that follows price very closely is the 3ema but I don't know what the second one in your charts is.
Thanks
Mannai70Ignored
DislikedI normally don't trade this late.. But this is just an illustration of the point of entry. Although I went ahead and took the trade.Ignored