Dazza
This shows how to get in and out using an auto system 2/CBL on Metastock.
2CBL is a bit tight IMO, and I prefer to use 3/CBL.
http://img.photobucket.com/albums/v5...s/Euro2CBL.gif
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Dazza
This shows how to get in and out using an auto system 2/CBL on Metastock.
2CBL is a bit tight IMO, and I prefer to use 3/CBL.
http://img.photobucket.com/albums/v5...s/Euro2CBL.gif
ic ill study on it a bit
Guppy Multiple Moving Average
also that as well
With FX, charts, anyone manage to use ATR properly
for eg
using an ATR of 14, on a 15 minute chart, it gives me like 4 pips etc however 7 hours ago it was 12 pips
i read somewhere that people use 2ATR as their stop loss as well etc
ok i can see the counting back on your first chart, with the 2CBL
however when does one count back? if doing manually you would do it on completion of every candle stick right?
obviously when you are not online, you dun do it, so when u come back online, you just count back 2 or 3 sticks and replace ur stop order mark.
would that be one of the reason why there is a big gap between marks 3 and 4?
Dazza
In the case of a short you need a lower low before you re-calculate the SL. (Longs are calculated in the reverse - ie. higher high).
arco
Well first day watching for a while and see usd/jpy and eur/jpy have had very nice runs,hope someone got a bit of them?.
Cheers
Miner
If you look at the hourly on usd/jpy and eur/jpy you will see a couple of great U trades,so the type of set up to look for,as once they have turned at the top of the U it's a fairly safe bet that they will continue to the bottom of the U.
Cheers
Miner
Late entry but up 30 odd pips on the eur/jpy hourly U,usd/jpy doing the same.
Cheers
Miner
Burgernomics
Its official - NZ has the dearest burgers in the world
http://www.economist.com/finance/dis...ory_id=9448015http://www.economist.com/images/20070707/CFN628.gif
Will the last person to leave please turn out the light
http://www.sevenoaksart.co.uk/images/bulb04.gif
you mean this forum or NZ ?
yeh sorry Arco but as you might have guessed from a private communication I'm pretty much done with forex now. In time my interest might resume from an academic point of view but right now not even that. I'd stay interested even if it broke even for me as I would like to continue in a hobbyish way, but its not smart for me to keep pouring money into it. My ultimate stop loss has been hit. I will still glance at the goings on here but wont have an opinion on much coz clearly that opinion has been wrong too often.