Bounce20 method... very good trading system with low Risk/HIGH Reward ratio - page 2

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OXSol
5
OXSol  

Hi,

Your system looks easy to follow i have been playing at forex for a few years and mostly loosing money and hair. im starting to switch to the mt4 platform. i do plan on using this method over the next few days to build my charting skills up..i have none to speak of. hope to follow up with some good news.

commodore64
11
commodore64  

Hi bossxero,

one question , if the bounce didn't happen we must abandon this pair and looking for another with this specific rules?

many thanks

OXSol
5
OXSol  

Great news after several false attempts i found a good entry point today:

SHORT AUD/US

9/28/11 12:42 0.9868

COVERD HALF AT :

9/28/11 13:53 0.9823

still running with 64+ looking at another 40? or about 3hrs before bottom?

CLOSED :

108 pips.....

forex wiz
14
forex wiz  

thanks alot good system from good friend

cnatarajanv
5
cnatarajanv  

Simply good and simple ,Is there any AFL or meta indicator for it -thanks

nandans
4
nandans  

Hi,

Can you post the indicator or the EA designed on this. Looks interesting..would like to check.

Regards,

Nandan

danisdnz
4
danisdnz  

How about if there are buy signal in one timeframe and sell signal in another timeframe in the same currency pair, which one should i believe?

Thanks

karol vesely
369
karol vesely  

I use combination of 5 / 13 EMAs with the MACD on 1H TF to get faster exit signal. Otherwise, it works good on London and NY markets. It needs momentum.

Hermes

katz
3
katz  

Hello to all membrs.

Just introducing myself here. This is my first post although I have visited

sometimes.

Cheers

danisdnz
4
danisdnz  

Thanks I like this system but I still have some question

-Is it depend on the length of the bar in number 2 and 3?

-Next to the bar in number 2 has to be number 3 bar or can be after that for 1-2 bars? or what?

Thank again.

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