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Magic 5 - five pips only

  • #821
  • Jan 13, 2015 2:24am Jan 13, 2015 2:24am
TK said to show some of our trades, this one just a while ago...
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  • #822
  • Jan 13, 2015 2:37am Jan 13, 2015 2:37am
Here's 1
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  • #823
  • Jan 13, 2015 2:42am Jan 13, 2015 2:42am
Quoting macdh4
Here's 1 {image}
Price above 200EMA plus consolidation so wrong setup
  • #824
  • Jan 13, 2015 2:46am Jan 13, 2015 2:46am
Quoting getn5
TK said to show some of our trades, this one just a while ago...{image}
can u explain how do u use tdi instead of RSI for confirmation ?
  • #825
  • Jan 13, 2015 2:48am Jan 13, 2015 2:48am
Guys kindly use RSI only! as newcomers to the thread will be mislead.
RSI tells you all you need.
always draw trendlines
  • #826
  • Jan 13, 2015 2:54am Jan 13, 2015 2:54am
Quoting RubyTrader
{quote} can u explain how do u use tdi instead of RSI for confirmation ?
they shouldnt have used TDI here, dont be misled. this system uses RSI only.
always draw trendlines
  • #827
  • Jan 13, 2015 2:55am Jan 13, 2015 2:55am
[Quote = gigicualex; 7988773] {quote} preço acima 200EMA mais consolidação configuração tão errado [/ quote]

A configuracao Não É A MAIS Perfeita, mas tambem nao é Assim Tão má Como rápido Você Diz, afinal fez OS 62 pips Que Eu Esperava.
Bons Negócios
  • #828
  • Jan 13, 2015 2:59am Jan 13, 2015 2:59am
Quoting RubyTrader
{quote} can u explain how do u use tdi instead of RSI for confirmation ?
Well no- mo about TDI like TK said....
  • #829
  • Jan 13, 2015 3:00am Jan 13, 2015 3:00am
Anyone know any EA that when I open a position in EUR / USD automatically open a position of equal value in USD / CHF?
  • #830
  • Jan 13, 2015 3:08am Jan 13, 2015 3:08am
Quoting macdh4
Anyone know any EA that when I open a position in EUR / USD automatically open a position of equal value in USD / CHF?
Now why would you do that, it's only mirror image of each other...usually just use the one with better spread......
  • #831
  • Jan 13, 2015 3:16am Jan 13, 2015 3:16am
Would use when finding a great setup and try to win in both
  • #832
  • Jan 13, 2015 3:20am Jan 13, 2015 3:20am
Quoting macdh4
Would use when finding a great setup and try to win in both
????????????????
  • #833
  • Jan 13, 2015 3:21am Jan 13, 2015 3:21am
  •  FerruFx
  • Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,542 Posts | Online Now
Quoting macdh4
Would use when finding a great setup and try to win in both
... or lose in both
MT4/MT5 EAs/Indicators/Alerts coder
  • #834
  • Jan 13, 2015 3:25am Jan 13, 2015 3:25am
[Quote = FerruFx; 7988883] {quote} ... ou perder, tanto [/ quote]
Most likely it
  • #835
  • Jan 13, 2015 6:18am Jan 13, 2015 6:18am
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  • #836
  • Jan 13, 2015 7:41am Jan 13, 2015 7:41am
Quoting RubyTrader
I am abit confused with the usage of RSI, i know the best condition would be coming from oversold or over bought when we wanna buy or sell. However there are many times RSI may stay at over bought or sold . If this is the case how to we determine if we can enter or not {image} is this a setup >? when can we ignore ma200 ? {image}

TK5 can you help me with this confusion ?

http://www.forexfactory.com/showthre...46#post7988446

thanks
  • #837
  • Jan 13, 2015 8:01am Jan 13, 2015 8:01am
Quoting RubyTrader
I am abit confused with the usage of RSI, i know the best condition would be coming from oversold or over bought when we wanna buy or sell. However there are many times RSI may stay at over bought or sold . If this is the case how to we determine if we can enter or not {image} is this a setup >? when can we ignore ma200 ? {image}
yes you should sell there..because thats continuation of drop down. big moves often continue with short 'rests'
always draw trendlines
  • #838
  • Jan 13, 2015 8:03am Jan 13, 2015 8:03am
Quoting tk5
{quote} yes you should sell there..because thats continuation of drop down. big moves often continue with short 'rests'
however the RSI is already at oversold region below 30. in this case we can ignore RSI knowing that it will sometime stay at over sold or over bought for some time ? but is there any way we can know if it will stay there ?
  • #839
  • Jan 13, 2015 8:39am Jan 13, 2015 8:39am
A little outside the rules
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  • #840
  • Jan 13, 2015 8:41am Jan 13, 2015 8:41am
Quoting RubyTrader
{quote} however the RSI is already at oversold region below 30. in this case we can ignore RSI knowing that it will sometime stay at over sold or over bought for some time ? but is there any way we can know if it will stay there ?
ignore, actually theres no buy signal there..it was in sell zone yet
always draw trendlines
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