hello nick..
post no 1 and last file Symphonie v3.0 Paket.zip
u can get it from there...
and i am using realjumper variant tpl. and the fibs indicator is differnt if you want i can attach it for you. thanx
ASH
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Dislikedhello nick..
post no 1 and last file Symphonie v3.0 Paket.zip
u can get it from there...
and i am using realjumper variant tpl. and the fibs indicator is differnt if you want i can attach it for you. thanx
ASHIgnored
DislikedI recommend no trading for the next 50 min as it is 1 hour prior to ECB rate decision. Market will be extremely jumpy because of low markt participation awaiting ECB rate decision. This could prove to be a major markt moving event......Ignored
DislikedECB hold rates unchanged at 1.00% look for small EurUSD rally then the real fireworks begin at ECB news conference in 1 hour.Ignored
DislikedThanks for the information! But....
Firstly this isn't me trying to cut corners but merely trying to gain an insight into the mindset of the experienced traders like yourself Eval...
Using your 60-5 method, how would one approach the upcoming ECB news event? Presuming we can't predict what will happen, only speculate, an inexperienced trader like myself would most likely wait for the hourly confirmation by which time the move has already happened.
The moves which seem the best to pick are the slower moving ones that follow trend cycles, exactly...Ignored
DislikedECB hold rates unchanged at 1.00% look for small EurUSD rally then the real fireworks begin at ECB news conference in 1 hour.
For those that wish to watch the news conference here is the online link to watch live.
http://www.ecb.int/press/tvservices/webcast/htmlECB Home/webcast_120503.en.html
http://t0.gstatic.com/images?q=tbn:A...en6z335sC8Dcp2...Ignored
DislikedFor major news events do not trade in 5 min timeframes....use 30 min of greater timeframes as they cut out the whipsaws of market panics in times of major news events like rate decisions. one may miss a few pips at the front end of the market move but the larger timeframe keeps one in the trend and that is where you want to be....not caught in the small market chop that can kill you....
Always remember....the TREND is your FRIEND and never go against the TREND.
Evaluator.:nerd:Ignored
DislikedMany many thanks for that invaluable piece of information...
So using this I presume you'd swap out the 5 min for the 30 min but still have the 1 hour chart open also and trade it like a 60 - 30 method?
With an eye on the hourly but mainly just trading the 30?
Mr PIgnored
DislikedThat is for you to decide. I personally trade 60 min for heavy news events.Ignored
Dislikeddue to the many high impacting news today, i turned off the "system trader" in me and allowed the bias to kick in. although i am well over 150 pips, i just could not find any reason to click the buy button for EU. in fact, that adamance to sell is prolific in AU and GU.
however, no one just staying in the sidelines.Ignored
DislikedQuoting sharemasterDislikedThe Challenge with most Trading Systems introduced in Forums/Chat Rooms . . .
Sharemaster, where did you find this?IgnoredIgnored
Quoting sharemasterDislikedThe Challenge with most Trading Systems introduced in Forums/Chat Rooms . . .
Sharemaster, where did you find this?Ignored