thinking .....
Are you trading live ?
- #15,522
- May 18, 2010 3:19am May 18, 2010 3:19am
- | Joined Jun 2008 | Status: Trader | 2,013 Posts
Are you having success in trading hourly charts?
Please feel free to share your strategy
have patience for right set up .... just like an Archer ...calm, precise and disciplined ... chose targets with care, one at a time ... aim for the bullseye .. hahaha !
Are you trading live ?
- #15,523
- May 18, 2010 3:33am May 18, 2010 3:33am
Welcome to the world of Forex, Archer. My advice for you is to go live soon but trade small. There's a huge difference between demo and live, mentally wise. You are welcome to test on my system posted above.
- #15,524
- May 18, 2010 3:37am May 18, 2010 3:37am
- | Joined Jun 2008 | Status: Trader | 2,013 Posts
Welcome to the world of Forex, Archer. My advice for you is to go live soon but trade small. There's a huge difference between demo and live, mentally wise. You are welcome to test on my system posted above.
err .. care to refer me to ur system ... ?
thank you
- #15,526
- May 18, 2010 3:54am May 18, 2010 3:54am
- | Joined Jun 2008 | Status: Trader | 2,013 Posts
I thought u had tested it already? Here's it again:
but i did it with my own analysis ...remember, our daily chart's candle don't tally ...
... thought u had laid out ur system some here in here ... like inside bar or some candle formation , macd, stocs (special parameters ) or something like that ... like some other Gurus in here who share their trading system like "Great 5m system ", "Dragon" , "Indian Guru" etc
care to share ur strategy ..?
- #15,527
- May 18, 2010 4:02am May 18, 2010 4:02am
oh .. this one ... !
but i did it with my own analysis ...
... thought u had laid out ur system some here in here ... like inside bar or some candle formation , macd, stocs (special parameters ) or something like that ... like some other Gurus in here who share their trading system like "Great 5m system ", "Dragon" , "Indian Guru" etc
care to share ur strategy ..?
My core strategy is: Watch the daily candle. Please read my previous posts. I draw my own Trendlines and SR levels and I don't use any other indicators.
As for the median price (short term) trading system, you already know it. The Japanese invented the candlesticks for a reason, use it to trade USDJPY !
- #15,528
- May 18, 2010 4:19am May 18, 2010 4:19am
- | Joined Jun 2008 | Status: Trader | 2,013 Posts
My core strategy is: Watch the daily candle. Please read my previous posts. I draw my own Trendlines and SR levels and I don't use any other indicators.
i am scratching my head ... what .. median price ...? ... how is it played ..care to explain how it is done ?
i entered the trade earlier based on :
1) macd penetrate signal line
2) macd histogram (OsMA) positive
3) bullish candles from fibo 61.8
4) break of previous immediate high of 92.65
5) uptrend within the channel
- #15,534
- May 18, 2010 8:25am May 18, 2010 8:25am
The ideal scenario is a pullback to 90.xx level then an upswing to 95.xx/96.xx level. I'm still waiting for the day candle to form to confirm this.
We shall see. I'm betting heavily at this level.
- #15,535
- May 18, 2010 10:31am May 18, 2010 10:31am
- | Joined Jun 2008 | Status: Trader | 2,013 Posts
Check the pictures, have some thoughts and you'll get it.
do u mean something like this ... at 50% ?
- #15,536
- Edited 11:10am May 18, 2010 10:57am | Edited 11:10am
- | Joined Jun 2008 | Status: Trader | 2,013 Posts
- #15,537
- May 18, 2010 11:16am May 18, 2010 11:16am
- | Joined Jun 2008 | Status: Trader | 2,013 Posts
... not sure ... hitting the sack
