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i also have ama indicator which follow trade and 50 ema as a guide also
Hi, mates!!!
I'm not at home. I have not MT4 available. So, I can not comment signals.
Later on I'll post an indicator with can be an alternative to StepMA_Stoch to be used with other charting packages.
About "risk":
Trading is a risky business. There are set ups that a riskier though. I tell you two:
a.- when the open is +20 pips above EMA50. Does it mean you shouldn't take the signal?. Not at all. It means that you should be more careful and maybe, according to strength, you should trade less lots.
b.- when the crosses are not simultaneous.
I'm really happy to see that people are making money.
NINANina!
Do you yourself trade any pairs today?
Nina! Do you yourself trade any pairs today?
Hi!
I bought cable at 1.7370. Yes, yes, yes... I know, the signal was not validated yet at 11:30CET. But news were positive for cable and I did it.
Closed that trade at 1.7381. + 11 pips.
Why? Cause at 12:00 I had to go to work and I like to monitor the trade.
Anyway, I'm happy.
Nina
SET UP
TF30
EMA50
CCI20
EMA25 plotted on CCI.
RULES:
The same than CatFX50 with StepMA_Stoch.
WARNING:
This CCI20 with EMA25 gives signals earlier.
Nina
if you were not home or have charts how did u put trade on
i have also noticed directional movement indicator set at 10 does about same job as step stoc
Hi!
I bought cable at 1.7370. Yes, yes, yes... I know, the signal was not validated yet at 11:30CET. But news were positive for cable and I did it.
Closed that trade at 1.7381. + 11 pips.
Why? Cause at 12:00 I had to go to work and I like to monitor the trade.
Anyway, I'm happy.
Ninaok, you are a qualified trader and know worth of one point, bravo
if you were not home or have charts how did u put trade on
Hi, harold4x!
Almost always and according to a lot of determinig factors I go with 5 lots.
As the right signal was at 1.7384, more than 20 pips away of EMA50, I'd have gone into the trade with 2 lots. Remember that cable's news were positive.
Nina
but how did u know if u were not home or by a computer