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Attachments: Crosses, bounces and curve fitted indicators
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Crosses, bounces and curve fitted indicators

  • #141
  • Mar 11, 2013 2:33pm Mar 11, 2013 2:33pm
CURRENT EXAMPLE
Attached Image (click to enlarge)
Click to Enlarge Name: [EURJPY,M15]_2013-03-11_19-27-12-REVISION.png Size: 105 KB
Let it turn and find your entry.
  • #142
  • Mar 11, 2013 2:38pm Mar 11, 2013 2:38pm
ONE MORE EXAMPLE
Attached Image (click to enlarge)
Click to Enlarge Name: [AUDJPY,M15]_2013-03-11_19-36-29-REVISION.png Size: 95 KB
Let it turn and find your entry.
  • #143
  • Mar 11, 2013 2:45pm Mar 11, 2013 2:45pm
RULES

Previously I'd made the decision to stay with 96MA and 24MA in M15 and that decision has stuck with me.

The rules are very simple now just follow the trend when 96MA is bullish BUY WHEN:
(1) PRICE CLOSES ABOVE 24MA and
(2) RSI PRICE LINE CROSSES THE TRADE SIGNAL LINE (6MA)

OPPOSITE FOR SELL
Let it turn and find your entry.
  • #144
  • Mar 11, 2013 2:51pm Mar 11, 2013 2:51pm
IN PANORAMA
Attached Image (click to enlarge)
Click to Enlarge Name: [AUDJPY,M15]_2013-03-11_19-49-26-IN_PANORAMA.png Size: 100 KB
Let it turn and find your entry.
  • #145
  • Mar 11, 2013 3:02pm Mar 11, 2013 3:02pm
EASY EASY

You just have to wait for 96 and 24 to align and shoot
Attached Image (click to enlarge)
Click to Enlarge Name: [AUDJPY,M15]_2013-03-11_19-57-50-UP_AND_DOWN.png Size: 117 KB
Let it turn and find your entry.
  • #146
  • Mar 11, 2013 3:03pm Mar 11, 2013 3:03pm
ALIGNMENT

I mean align with RSI
Let it turn and find your entry.
  • #147
  • Mar 11, 2013 3:07pm Mar 11, 2013 3:07pm
KISS

One drawback with all trend following systems is that you can get blindsided when the trend changes but you have to be nimble and move with the tide.
If you get stopped out, wait for the next valid signal and take it, you will be profitable at the end of the day or week.
Let it turn and find your entry.
  • #148
  • Mar 11, 2013 3:27pm Mar 11, 2013 3:27pm
TEMPLATE
Attached File(s)
File Type: tpl cs n bs m15.tpl   97 KB | 202 downloads
Let it turn and find your entry.
  • #149
  • Mar 11, 2013 3:30pm Mar 11, 2013 3:30pm
COUNTER TREND

There are opportunities for counter trend trades but to be taken with caution
Attached Image (click to enlarge)
Click to Enlarge Name: [EURJPY,M15]_2013-03-11_20-11-07-BUY_AND_SELL.png Size: 106 KB
Let it turn and find your entry.
  • #150
  • Mar 11, 2013 3:33pm Mar 11, 2013 3:33pm
USE WITH CAUTION

LOSSES are an integral part of trading, embrace the risk or you'd struggle with trading.

Please do the required work, BACKTEST,BACKTEST AND MORE BACKTEST, then you can confidently use any system.

Cya soon!
Let it turn and find your entry.
  • #151
  • Mar 12, 2013 8:32am Mar 12, 2013 8:32am
ADR BOUNCES

I mentioned Bounce-off ADR in my list of Bounces here's a recent example Today's EURJPY move.
Attached Image (click to enlarge)
Click to Enlarge Name: [EURJPY,M15]_2013-03-12_13-11-29-ADR_BOUNCE.png Size: 105 KB
Let it turn and find your entry.
  • #152
  • Mar 12, 2013 12:43pm Mar 12, 2013 12:43pm
GOLDEN

Any gold traders in the house?
Attached Image (click to enlarge)
Click to Enlarge Name: [GOLD,M15]_2013-03-12_17-36-21-GOLDEN.png Size: 85 KB
Let it turn and find your entry.
  • #153
  • Mar 13, 2013 11:35am Mar 13, 2013 11:35am
M5 TRADING

I like the M5 time frame for the multiple opportunities for entries and exits especially when it's trending.

Today was that kind of day.
Attached Image (click to enlarge)
Click to Enlarge Name: [EURJPY,M5]_2013-03-13_16-29-43-MULTIPLE_ENTRIES.png Size: 111 KB
Let it turn and find your entry.
  • #154
  • Last Post: Mar 13, 2013 11:37am Mar 13, 2013 11:37am
M5 TEMPLATE

Here's the template for M5 time frame
Attached File(s)
File Type: tpl cs n bs m5.tpl   97 KB | 257 downloads
Let it turn and find your entry.
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