Dislikedso I just tried something, my boxes are set 5:00 to 7:00 as my broker is +1 GMT time. 15 minute gbpusd chart.
i have the grant ema at 89, and I put the slope line on the chart 85 3 0. Now if grants line says to go long or short, I look at the slope line to see if it agrees blue go long, red go short, no agreement, no trade. when the line is iffy, I can look to the 1h with the dubai slopes to see if they conflict as well. Where it seems to make a world of difference, is if the ema is going through the box, i go with the color fo the slop line on...Ignored
apologies for my slow response, my full time job is a pain in the ass sometimes....lol
correct set your times to 5 - 7 am on the 15 min chart, i use an 85 ema which is 1 colour, if its above the box sell, if its below the box buy, if its in the box at any stage then no trade...
i dont use Dubais slopes on my charts so i will have to defer to Mats and Kiwis explanations...
i always use Sl of 15, Tp of 75, moving the Sl to BE at +25 pips....
i have attached the word doc from the 1st post whihc goes through how i and many others trade it, have a read and if you have any more questions just shout...
Jan at the moment is at BE for me, sept - dec was +45% on my live account, again i have attached a SS with my these results (highlighted in yellow) plus the backtest to Jan last year. 2009 shows an increase of 108% (non compounded).
cheers
Grant
