EURUSD

Quoting mercy seat

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Preliminary "ROLLOVER CLOSE SURVEY" ...


TABLE with ZIGZAG + PIVOT SURVEY for the EUR/USD pair:


2012-04-11_23h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-15 # A68


This is an advanced skills ZIGZAG + PIVOT SURVEY for experienced traders and user circles of strategy development who are concerned with suitable methods of successfully trading by the use of appropriate strategies.

(UPDATE 23h00 CET) Ausblick:...

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Quoting Razvan

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I googled your bot...here is what I found:


"April 11th, 2012 update:
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(NOTE: Scroll Down For Updated, Trade By Trade Results)

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IMPORTANT: EVERY SINGLE MARKET CONDITION:"



EVERY SINGLE MARKET CONDITION, sounds great!

I'll open some shorts too. About 20, standard lots. Live.

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Quoting Razvan

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There is also the other side of the coin:

-Case 1: the price does go back to 1.34 after it hits 1.33 (very likely i'd say) and you only get 100 pips profit when you could of closed at +100 short and opened long for more profit
-Case 2: it goes down past 1.33 ---> you only get 100 pips. Yes you can say you'll close it when the direction is clear...but just after you close it you can get a reversal

And I could keep going. I wouldn't say that hedging gives an advantage (considering the spread too); if you can predict (or better put have an edge)...

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Quoting Frank76

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Well the thing is that I don't hedge as most people think of it. There are still people who think that they can somehow reduce their risk with hedging which is utter bullshit. I only open stategic position in both direction (and end up hedged at some point therefore) to be prepared for whatever side the market may take instead of thinking OMG IT HAS TO GO DOWN. It goes up and I'm not on the boat for a possible trend lasting multiple days. I never take trades without well defined stop so the second case it not possible. I only take trades which would...

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Quoting nawafasad1

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it might go up more than 1.316 but the main thing is that this is a correction of flat x we finished a 1.3155 now we r in wave b it might go down to 1.3090 area then up in the last wave of the correction to 1.3170 to 1.3190 and by that we ll have a zigzag flat to finish b or 2 to the upside the main trade is to sell there . this is my opinion and i could be wrong

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Quoting Patternz

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I can do that to. sadkfghbsdfaklbklvgbsdvgk;b

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Quoting KillerWhale

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Favoring 1.3190 min

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Quoting KillerWhale

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4hr

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Quoting KillerWhale

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Favoring 1.3190 min

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