OK, its a Fiesta here, so I'm finished for this morning.....there's a potential box building.....of course, any hot - or cold - air from Merkozy-land will make price blow out of it in a flash
Trading Levels with WRBs
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DislikedThanks for chart. Interesting to see that Trend Magic had already taken a step up - another sign of reversal.Ignored
DislikedThanks for chart. Interesting to see that Trend Magic had already taken a step up - another sign of reversal.Ignored
DislikedAgreed, TM does seem useful, so I'll also put up a 5p RB chart and try it.....but I do soooo like my 1m / 5m candlesIgnored
DislikedLOL - I'm currently using M5 + RBs, but take a peek at M1 every once in a while. And I also hit levels "old skool style"
For scalps, when M1 and RB say the same thing the win rate is very high.
Yes, TM seems very useful, and TM on RBs is interesting research.
Interestingly, TudorGirl's TM and the T3 TM look almost identical, with the latter having less of a repaint problem. And the fact the TM line looks more or less the same regardless of underlying indy and of parameters give TM a robust feel - there's no parameter fitting involved,...Ignored
DislikedIslander,
Is your box approach similar to this ? :-
http://www.forexfactory.com/showthread.php?t=302007
Also, having looked at your Mercozy news spike post my T3macd did not get near to .0019 like yours, have you tinkered with the hot parameters?.
thanks
doc.Ignored
DislikedFor me GU has been the pair of choice for weeks. EU was great for a while but now it seems more content to chop around instead of swing (and AU as well but to a lesser extent). So until it decides to start doing more than jumping on rumours GU will likely continue to be the majority of my trading.Ignored
DislikedFor me GU has been the pair of choice for weeks. EU was great for a while but now it seems more content to chop around instead of swing (and AU as well but to a lesser extent). So until it decides to start doing more than jumping on rumours GU will likely continue to be the majority of my trading.Ignored
DislikedAnd with the mfg news in 23 minutes, she might head for the dungeons...Ignored
DislikedI use a combination of either a M1 or M5 chart on 1/3rd of the screen with a RB chart on the other 2/3rd. My primary entry method is using RBs on GU, I would say around 80% of the time. There are exceptions, such as the very easy M1 short at mid-FH just below MR1 which was harder to see or enter off the RB chart.Ignored