ASCTrend system - page 24
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Hmm, I like that coffee ritual. What brand?
Now i am testing ASCTrend on M15 timeframe. It will be the other indicators.
Will test it for several days and then will post indicators and template.
Hope it will work.
ND,
what do you mean testing 15mins with other indicators?
Hi Newdigital thanks again for shared information and great Forum.
Out of interest - some feedback for other traders - I was just able to short the cable on the M15 demo account ( and live FXCM) for 13 pips using your indicators (except SAR) .
The Trend lab was short , the NRTR was short, waited for the atr stops to signal short then entered with no SAR. (Also price was below EMA 50 and pivot)
I also noticed no correlation with EUR /USD ie it was not moving down at the same rate, in fact it was static. Hence only used 2 contracts to limit risk and took profit early. ( in hind sight this is not following your guideline - but trade was there - however for sake of learning new system I will not take this approach in future )
So will wait for Eur to follow and SAR to kick in and then re-enter if still valid.
Regards
An update - Eur followed down - so with all lined up on Cable ( now including SAR) went short cable - exited at 12 pips profit
I have included demo account details - point is - this is showing some potential for other traders to follow - (if you dont get too greedy of course !).
Thanks again to contributors to this thread
nd,
how was your day today?
Hello NewDigital
Here is a nice clean example of your current crop of indicators all lined up to go short on 15M Cable , price is also below EMA50 which is nice.
This would be following your current guideline for entry I think....
Regards
nd, how was your day today?
I am trying to set up the chart for M15 timeframe.
With no success up to now.
Will try more.
any trades for today on the 1 min cable or eur?
thx
any trades for today on the 1 min cable or eur? thx
I am not testing on M1 timeframe anymore.
I am trying to set up the chart for M15 timeframe.
It is the statement for today for M15 timeframe.
57 pips in total.
I am still trying to set up the chart for M15.
Updated statement on M15 timeframe.
Please note the the system on M15 (I did not post it yet) is totally different from M1 timeframe.
So, for today (in pips):
USDCHF:
7, 15, 12, 10, -7, 13,
Total: +50 pips.
GBPUSD:
-13, 18, 2, 4.
Total: +11 pips.
USDJPY:
-15, 9, 7, 19.
Total: +20 pips.
EURUSD:
7, 4, 4, 6, 9, 11.
Total: +41 pips.
So totally for today + 122 pips.