Ok day today.
Had a OK day today. +70 pips. I know, only a fraction of what could have been achived, but still ok for a day. I squeesed out some pips from the USD/CHF signal at 15:30 gmt time. This made me think, what does nina think is the "trading hours" of this system. I usually start trading around 0800 gmt and finnish of at 1600 gmt.
What do you think?
Trading hours are: from 08:00cet to 18:00cet.
EURUSD, level 1 sell (09:30cet) @ 1,3297 with stop at 1,3325 or at 1,3342 (no way that one). It made a low at 1,3255. + 42 pips.
EURUSD, level 1 buy (17:00cet) @ 1,3315 with stop at 1,3253. No way. Huge stop and average daily range on eurusd was 84 today. Signal to go long came after a retrace of 60 pips.
USDCHF, level 1 buy (09:30cet) @ 1,1941 with stop at 1,1915 or at 1,1904. It made a high at 1,1987. + 46 pips.
USDCHF, level 1 sell (16:30cet) @ 1,1937. No trade. Stop too huge.
GBPUSD, level 4 sell (08:00cet) @ 1,9716 with stop at 1,9743. It made a low at 1,9615. + 101 pips.
TOTAL = + 189 pips.
I did not make a single pips today. I was not trading. Before going to its maximum highs or lows today, pairs made a retracement. So, If I had traded, I'd not have got all those pips for sure.
Kaspirano thanks for the indi, but can you post again, cause it didnt work in my MT4 . When I compile show me many erros
Thanks Ricardo Oliveira
how you calculate the SL and TP/exit?
i know there is no exit method but how you manage yourself to exit the trade?
to enter the trade do we need to wait the candle finish? or just enter after the arrow appears?
how you manage to trade in sideway market? since there are many arrow up and down
btw it is great system
OK, big day is here: NFP.
Lets see how and where we have our beloved pairs:
EURUSD is in sell mode. It should keep like this if it does not break up 1,3296.
USDCHF is in buy mode. It should keep like this if it does not break down 1,1940.
GBPUSD is in sell mode. It should keep like this if it does not break up 1,9614.
As you know, NFP is a monster. So, you can go up 30 pips and then go down 150. So, take care. There have been awful games lately.
Then you have what our "friends" do. FOREX is a non-regulated business and brokers can make whatever they want. And they want your money: do not forget that.
And then you have all those revisions NFP people use to do.
It was nice, wasn't it?
We had good $ NFP data, $ went up to 1,2006 and then it broke level posted 1,1940. It has made a low at 1,1900 so far.
And I could say the same on EURUSD and GBPUSD.
Next is Michigan data. Take care and protect.
Enjoy and have fun!
...An action, event, or experience marked by abrupt, extreme changes in circumstance, quality, or behavior.
...Anything characterized by abrupt and extreme changes (especially up and down).
...State of violent disturbance and disorder.
...Elevated trend in FOREX MARKET(usually with sharp curves and steep inclines).