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Davit replied Oct 14, 2012I see 2 options on Euro 1.Wait for Price to go up 200EMA 2927 zone and bounce down or 2.Wait for Price to reach demand zone 2836 and go long.Looking at ADX price is just above 40level which is in range sideways area. There may not be much of ...
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Davit replied Oct 14, 2012buying zone or demand zone is 15-20 Price may get lower from present then bounce from this zones. I have 3 limit buys ready for action 19/18/17 Hard to predict that now.
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Davit replied Oct 14, 2012You could incorporate this system bounce with ADX strength 22 and above high probability trade below 22 no trade. If at 40 coming from higher number is exhaustion of the trend.Going up from 22 to 40 is good. Saravana what do you think about it?
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Davit replied Oct 14, 2012I thought perhaps incorporating a filter to this system is a good idea.Every system needs a filter to eliminate as much false trades as possible. I suggest ADX9 period but 14 default is fine as well.I dimmed out other lines and only kept ADX line ...
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Davit replied Oct 14, 2012Silver may behave deferentially then currency.This system is based on currency. One way to filter a possible trade is the use of ADX indicator on your met4 Read about this wonderful indi.Lot of pro traders use it.Most important is the slope line if ...
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Davit replied Oct 13, 2012My time is limited today.I went back my earilest posts and could not find it.Could you quote me the entire post please.I like to see it myself.
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Davit replied Oct 13, 2012I have been using limit orders with great success lately. Idea is if we know direction of the main trend but market is in range mode then we could place limit orders to be triggered at numbers most beneficial.(not a new idea original Turtle traders ...
Davit's Confluence Trading
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Davit replied Oct 13, 20129er Not to sound negative but people posting crap like you just did is why lot of great traders don't post forums like this. Nobody's analyses is 90% success! Best traders have made millions just being accurate 20% that means 80% of times their ...
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Davit replied Oct 13, 2012Mods please remove this thread to somewhere else. It does not belong in Trading systems thread
Things to Know BEFORE trusting a Trading System
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Davit replied Oct 12, 2012Hi guys Not trading until next week so have sometime to brainstorm classic problem of range markets and how to avoid them. 70% range 30% trend generally Most traders lose or get chopped up to pieces in range times and it got me thinking hard.How to ...
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Davit replied Oct 11, 2012Same here. lost shorts on AU end up -pips.
Anyway moving on we can't get emotionally attached to winners or losers.Its all number game. Price is weird now.Frankly there is nothing trade-able now. Low volume means raging markets hence you will get ...Simple Money Making Method
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Davit replied Oct 10, 2012good luck.I was just trying to hint that trading requires much more then following EMA's unfortunately lot of newbies get slaughtered before realizing how hard trading is. No sugar coating.Get real study hard,trade less,hold trade longer TF and we ...
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Davit replied Oct 10, 2012I am short on AU from 27 rather risky...unemployment numbers on AU were not that stellar and this spike up was driven by Asia. Its very probable London could push it down to 25 or less. Another scenario is push up to 32 then drive down to 25. major ...
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Davit replied Oct 10, 201235pips push up in less then 30hr I hope Brits bring this bubble to burst.
AUD/USD
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Davit replied Oct 10, 2012I am sure EMA's are holly grail which means 95% of Forex losers are missing them.Funny dacades of trading they could not figure that out.....
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Davit replied Oct 10, 2012If looking for short you missed 90% of the move from 2890 now highly probable for price to resume uptrend.
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Davit replied Oct 10, 2012Waiting for AU unemployment data. Leaning on Bears
Davit's Confluence Trading
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Davit replied Oct 10, 2012looking for bounce from 200EMA major S/R level to go long Its important to be mindful that we are still uptrend. image
EURUSD
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Davit replied Oct 10, 2012Some thoughts about trading. Trade less but hold position longer for max profits.Wait for proper set ups. Waiting possible bounce from 200EMA (yellow) Looks like major S/R level as well.I use fibs a lot in my trading so its there as well
Davit's Confluence Trading