Reversal Trading System - page 71

[d_thorpey]

kaveh:
Hi Guys

Try this ZONE for FCB.

BUY ZONE=1.2620-30

SELL ZONE=1.2750-60

Take care

Kaveh

Kaveh

Are you using these zones for the payrolls data?

[kaveh]

d_thorpey:
Kaveh Are you using these zones for the payrolls data?

Hi

I didnt refresh this ZONE today just i have this open postion.

Kaveh

[kaveh]

kaveh:
Hi

I didnt refresh this ZONE today just i have this open postion.

Kaveh

Oopps sorry this one.

Kaveh

[kaveh]

Hi

See this one too +70pips NFP data.

Kaveh

[kenari05]

CAM8 is good tool.. but i am not sure the H3 and L3 are the same for all timeframes since kaveh using m1 chart...

I have been using COG indicators before, it works... but i set on tf15...COG 30 and 60... shorter time frame could give more whipsaws...

[kenari05]

may i know what stop loss do you use?

[kaveh]

kenari05:
may i know what stop loss do you use?

Hi

Stoploss ,depond on reaction of markets .normally 20-30pips

Kaveh

[kenari05]

kaveh:
Hi

Stoploss ,depond on reaction of markets .normally 20-30pips

Kaveh

thanks kaveh...i will join your chat room on monday...will you be around?

do you use sdx_breakout indicator?

[bijak_sinner]

Davidcost:
From prev post. BTW Does this still apply Kaveh?

first you look for trend

determine it, if its up or down (from previous day)

now lets say trend is up like today

you take yesterday's us session high,

thats our SELL zone (1,2640-50)

now with buy zone, its more complicated

you take yesterday's US session low

and Asia's session LOW

Fet0r: substract asia low from us low

in our example its:

1,2592 - 1,2532

thats 60 pips, you devide by 2 this number

get half of it (30 pips today) and add it to yesterday's US session low

thats our BUY zone

its a bit complicated, but not hard if you practice on it a bit

So we get BUY zone = 1,2562 and SELL zone at 1,2650

Hope this helps

could u please xplain this with picture examples please.. million thanx dave!

[kaveh]

Hi Guys

Try this ZONE when ASIA open.

BUY ZONE=1.2560-70

SELL ZONE=1.2620-30

Kaveh