Battle of the Bands

lol no i think im good . Lol any more and I wont be able to see the chart.

sorry its kinda small, I'm still new to the recording software.

hi, can u share ur template and which tf u r using

Template? I'm not on meta-trader, so unfortunatly there is nothing I can send you, unless Thinkorswim has a template?

For swing trades I like the 4hr, and the daily. For day trades, I like the 5min at the smallest, to no higher than the 30min or 1hr.

On fx markets it doesn't really matter because the markets are so liquid, however in stocks, I like the 5min for day trades, and daily for swings. Price gaps create a lot of false signals in the stock market.

-big

I havn't yet traded this pair but nzd/usd gave a buy signal 16 hrs ago, but adx hasnt crossed, so lets see what happens. I missed 1st entry on stoch cross, so now I must wait longer. no prob. Target on the first entry is 7187.

Another video of e/u scalp

I dont know why these video clips are so small, i used youtube format...

Why the dramatic change to the system? The one with the MA32H/L seemed easy to understand. I'm not sure I understand this BB one. Does that mean the original system was a bummer? It sounds like it.

This is a modification of the original system. I like it more, and I think others will too. Heres why:

* This sytem does a better job of filtering out bad trades.

* Entry signals will come sooner

* Stops will be tighter

* There is now a way to calculate profit targets, as before there was not, and thats why we were taking 1/2 off after the next bar...the risk/reward wasnt good.

* There is now a way to scale into trades (optional)


I know it may look complex, but its really just a simple stoch crossover method with a few other confirming indicators.

-Big

I'll also post some day trading stocks clips using this sytem. Different market, but same rules.

Taking 1/2 my position here at 5702, and will take the other half on adx cross. Up 23 pips at the moment. 252 pip target at 5954.

Nice 156 pips on au trade. Cant catch'em all. Still holding g/u..havn't been stopped out yet. Even if i do, its just a 1% loss.

G/U could be setting up for a nice move. Price is ranging, macd rising, ADX is getting narrow. Maybe tonight I get my trade.

After a few days of waiting, I finally got in. 5760 entry, 5625 stop. Risking 135 pips to make 195 pips..not bad. I just hope this one doesn't fizzle out like last time.

111 pips I left on the table. I'll get in later maybe.

Stopped out on g/u ... I think if we get to 5550, we will get some real strength. Until then, I wait.

Nice trade on usd/cad last night for 244 pips in all off a 1hr.

+ 400 pips for Febuary. Look forward to another 400 pip month.

Watching g/u off 60min, hoping to get a pullback, but I'm sleepy so not sure how much longer i can stay awake.

Still not much action, but there were signs of buying pressure. I think both e/u and g/u pairs are deeply over-sold.