Not understand?better not follow my analyses!doubt clearer first, risks ++
Cable Update (GBPUSD)
- #299,461
- Jan 30, 2012 1:30am Jan 30, 2012 1:30am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
- #299,464
- Jan 30, 2012 3:26am Jan 30, 2012 3:26am
- | Joined Dec 2010 | Status: AngryBird hate Pig but love Trading | 1,024 Posts
I trade to live
- #299,467
- Jan 30, 2012 4:53am Jan 30, 2012 4:53am
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Bang on the money
Come with me if you want to live....
- #299,469
- Jan 30, 2012 6:27am Jan 30, 2012 6:27am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #299,474
- Edited 8:54am Jan 30, 2012 8:35am | Edited 8:54am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #299,475
- Jan 30, 2012 9:10am Jan 30, 2012 9:10am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
what is your stayegy when crossover gives false signal, and what is ur mm stratefy i.e tp/sl. do u use any other indicators to filter the trades?
also using macd to intercept heavy over-sold/bought and/or divergences near main demand/supply levels!
out of m1-m5 charts, no indicators at all!
so looking at m1 ema 50-200 i pick a fast position whne confident in PA, for some 10-20 pips, then close, the reload at next step etc...
auto SL usually is MAX 20-30 pips and TGT usually is MAX 20-25 pips then finger ready to close manually at first sign of reverse, then reload etc. just...scalping!
when i use that setup to define 1st or last entry in a position, after i took the position, i close the m1-m5 chart. but this is my method, can look a bit complex but in last 2 months going very good!
check also ema60, it gives me better signs than the ema50!
its overall a good strategy that you use, i only advice you to be careful on possible rangings times. in full depth market sometimes that m1 setup can give also more than 100-150 pips straight. you only need to hold the position until emas re-cross. but for this you need to know where is the main next stop and why price can be going there! not easy to do only looking in m1-m5
90% of traders use TA, indicators and prediction
- #299,478
- Jan 30, 2012 10:25am Jan 30, 2012 10:25am
- Joined Aug 2010 | Status: Trader | 3,185 Posts
I don't trust any move - when you have profit...take it.
- #299,480
- Jan 30, 2012 11:13am Jan 30, 2012 11:13am
- Joined Aug 2010 | Status: Trader | 3,185 Posts
I don't trust any move - when you have profit...take it.