This is very nice system that i ever saw. Very simple and consistent. This system educates us that if one trade goes wrong do not worry . follow the next signal to offset ur losses though which is against the old traditional adivse of "do not trade , once u get 1 loss trade".
The arrow is only generated when the 2mA crosses the blue pivot line.
ET,
If you zoom out you should see the arrow above the 22:00 bar.
TimeFreedom
TimeFreedom
The attached is the EURJPY 1H chart using the indicators you have attached in a post, I was wondering why there was no arrows generated for this one?
Stevenali
Does the 2SMMA meet the criteria of being under the pivot or am I missing something?Trade Update: 10.08.07
Trade Update:
Date: 10.08.07
GBPJPY | SHORT | Lots: 0.25 | @ 238.83
GBPJPY | LONG | Lots: 0.50 | @ 239.57
GBPUSD | LONG | Lots: 0.25 | @ 2.0413
GBPUSD | SHORT | Lots: 0.50 | @ 2.0410
GBPUSD | LONG | Lots: 0.75 | @ 2.0424
GBPUSD | SHORT | Lots: 1.00 | @ 2.0376
Note: Missed initial SHORT signal @ 2.0410 and got in late.
USDJPY | SHORT | Lots: 0.25 | @ 116.97
USDJPY | LONG | Lots: 0.50 | @ 117.17
Current Max. Drawdown: -6.6%
Trade Update:
Date: 10.08.07
GBPJPY | SHORT | Lots: 0.25 | @ 238.83
GBPUSD | LONG | Lots: 0.25 | @ 2.0413
GBPUSD | SHORT | Lots: 0.50 | @ 2.0410
GBPUSD | LONG | Lots: 0.75 | @ 2.0424
USDJPY | SHORT | Lots: 0.25 | @ 116.97
Current Max. Drawdown: -2.4%Hi TimeFreedom,
It's the EA you talking about, or manual trading ?
I don't trade today, holiday for tokyo & US & meYeah
I broke even today
Holidays, especially US put the market in a choppy mode
bb
still using BB for trading ?
thank you
regard
ohyes
Hi all !
Any idea for gold ? Seem to be good too...
Open Trades: 10.09.07
Trade Update:
Date: 10.09.07
GBPJPY | SHORT | Lots: 0.25 | @ 238.83
GBPJPY | LONG | Lots: 0.50 | @ 239.57
GBPJPY | SHORT | Lots: 0.75 | @ 238.95
GBPUSD | LONG | Lots: 0.25 | @ 2.0358
USDJPY | SHORT | Lots: 0.25 | @ 116.97
USDJPY | LONG | Lots: 0.50 | @ 117.17
USDJPY | SHORT | Lots: 0.75 | @ 117.31
Current Max. Drawdown: -0.9%
----------------------------------------------
GBPUSD | LONG | Lots: 0.25 | @ 2.0413
GBPUSD | SHORT | Lots: 0.50 | @ 2.0410
GBPUSD | LONG | Lots: 0.75 | @ 2.0424
GBPUSD | SHORT | Lots: 1.00 | @ 2.0376
STATUS: Closed all previous GBPUSD trades due to 5th signal.
PROFIT/LOSS: -1.3% / -$135.74
Trade Update:
Date: 10.08.07
GBPJPY | SHORT | Lots: 0.25 | @ 238.83
GBPJPY | LONG | Lots: 0.50 | @ 239.57
GBPUSD | LONG | Lots: 0.25 | @ 2.0413
GBPUSD | SHORT | Lots: 0.50 | @ 2.0410
GBPUSD | LONG | Lots: 0.75 | @ 2.0424
GBPUSD | SHORT | Lots: 1.00 | @ 2.0376
Note: Missed initial SHORT signal @ 2.0410 and got in late.
USDJPY | SHORT | Lots: 0.25 | @ 116.97
USDJPY | LONG | Lots: 0.50 | @ 117.17
Current Max. Drawdown: -6.6%Trade Update:
Date: 10.09.07
GBPJPY | SHORT | Lots: 0.25 | @ 238.83
GBPJPY | LONG | Lots: 0.50 | @ 239.57
GBPJPY | SHORT | Lots: 0.75 | @ 238.95
GBPUSD | LONG | Lots: 0.25 | @ 2.0358
GBPUSD | SHORT | Lots: 0.50 | @ 2.0344
USDJPY | SHORT | Lots: 0.25 | @ 116.97
USDJPY | LONG | Lots: 0.50 | @ 117.17
USDJPY | SHORT | Lots: 0.75 | @ 117.31
STATUS: Closed All Trades
MAX. DD: -8.9%
PROFIT/LOSS: +2.9% / +$298.52
Trade Update:
Date: 10.09.07
GBPJPY | SHORT | Lots: 0.25 | @ 238.83
GBPJPY | LONG | Lots: 0.50 | @ 239.57
GBPJPY | SHORT | Lots: 0.75 | @ 238.95
GBPUSD | LONG | Lots: 0.25 | @ 2.0358
USDJPY | SHORT | Lots: 0.25 | @ 116.97
USDJPY | LONG | Lots: 0.50 | @ 117.17
USDJPY | SHORT | Lots: 0.75 | @ 117.31
Current Max. Drawdown: -0.9%
----------------------------------------------
GBPUSD | LONG | Lots: 0.25 | @ 2.0413
GBPUSD | SHORT | Lots: 0.50 | @ 2.0410
GBPUSD | LONG | Lots: 0.75 | @ 2.0424
GBPUSD | SHORT | Lots: 1.00 | @ 2.0376
STATUS: Closed all previous GBPUSD trades due to 5th signal.
PROFIT/LOSS: -1.3% / -$135.74This is very nice system that i ever saw. Very simple and consistent. This system educates us that if one trade goes wrong do not worry . follow the next signal to offset ur losses though which is against the old traditional adivse of "do not trade , once u get 1 loss trade".
I quit using the moving average as a signal
I am using only price
My results are getting better
Just my 2 cents