What support are you talking about? pivot?
First support is at 2602.
Its not just 23 pips away. Maybe I misunderstood the rules, but I always thought that when price cross EMA50 and closes below it, it should be same BAR, today we had histogram turned RED only 4 bars after EMA50 cross. It doesnt matter? as long as price is closer then 20 pips from EMA50 and StepMA_stoch signals in direction of cross , we open position? even if cross happened at 9cet and histogram changed at 14cet ? (example) Correct me please on this one.
The only problem with this signal is that it is 3 pips past the 20 pips filter, if you are strict with that, then you have it correct, there is no signal.
BUT, consider that euro closed below support @ 30-35 and both chf and gbp were confirming too.
Of course hindsight is always 20/20, that s why i think that recaps should only show entry point and reasoning and not max possible pips. Though for tracking move after signal is good.
Somehow your StepMa_Stoch crossed and gave red arrow signal later then mine (look at picture attached in previous post). Can you link me to that indicator please, having stepma_stoch crosses and histogram in same window is good idea.
I'm mad that i slept through such big moves. GRRRRRR
What settings are you using for the hist bars and anina?
hi sae2k ,
can you please post those indicators you have on the chart
and moving averages you use
yeah i kinda want to know why it was a good signal at 11:30 on the eur. I guess the hist bars confirmed it then but only slightly. At least compared to my chart. I am using the settings recommended by dave as written in his trading rules. Can someone post a pic of their setup on the eurusd on m30? thanks. i just want to see something. If you have neuimex. even better.
EMA50(close), EMA120(close), EMA200(close)
window2: #MTF_SuperXO_4H def. setting
Pivots are not the only support and resistance levels, watch price action yesterday around 1.2610, 1.2630, 1.2650 and 1.2670, put 5 minutes and you will see it more clearly.
Look today how price bahave at those levels and you will see it.
On the other hand i didn t say it was a great signal, it s kind of wishy washy, not the clearest.
Does it take you too much time to use punctuation, like . and ,?
It would really make your posts easier to read.
Edit: I Completely agree with you though, rules are there to stick to them, not to change them according to the days result.
I don't want to start an argument or continue one in this thread, but i just don't see where the rules were changed. All nina said is that there was a good signal at 11:30. no more details were given. if anything, lets wait to get some more info. maybe she meant another pair? maybe she was talking about her 15min system. i don't know.