One thing behind fixing profit is that we are trying to predict the market which psychologically wrong as no body novice or professional can predict the market. So system exit profits is like a riding a bus and going with it whereever it is going ...

Weekly Charts Trading system-picking tops and bottom

Please concentrate for signals only in daily and weekly, looking for too many time frames will confuse you. EURCHF might be a trend revesal or minor or major retracement, so shorting is just Ok as per system but please manage your position as it ...

Weekly Charts Trading system-picking tops and bottom

One suggestion to every one for comments please. Use combination of daily and weekly charts is always best for optimum results and in that 1. use weekly for entry and exit if you are along the positive side of SWAP as this will give you chance to ...

Weekly Charts Trading system-picking tops and bottom

one suggestion please dont use too many indicators otherwise they will give you opposite signals and situation will remain confused and you will be unable to make correct decision

Weekly Charts Trading system-picking tops and bottom

tHESE ARE THE LATEST SETTINGS FOR BOTH WEEKLY AND DAILY 5 EMA open 5 EMA close BB 20 2 close Stoch 10,3 ,3 close/close and simple level 80,20,50 RSI 5 CLOSE and RSI 13 CLOSE both in one indicator with level 50 only and fix the boundries between 0 ...

Weekly Charts Trading system-picking tops and bottom

oNE THING I CAN SUGGEST YOU IS THAT YOU KEEP YOUR STOP LOSS LEVEL FIX FOR ALL CURRENCY PAIRS IRRESPECTIVE OF PROFIT OR LOSS AND IN ANY CURRENCY PAIRS GENERALLY TRADED YOU CAN FIX STOP LOSS BETWEEN 50-75 FOR DAILY CAHRTS AND 100-150 FOR WEEKLY CHARTS ...

Weekly Charts Trading system-picking tops and bottom

Yes it is in up trend but have quite considerable retracements in the way to this point. it is i think at july 1998 high (strong resistence) and probably may bounce back as it is forming double top there. Forex is forex and anything right can prove ...

Weekly Charts Trading system-picking tops and bottom

EURCHF is in very strong up trend and there are chances that it may go for retracement or trend reversal reasons of trade are are RSI 5 crossing down RSI 13 stoch overbought and showing negative cross, a sign of weakness EMAs getting close giving an ...

Weekly Charts Trading system-picking tops and bottom

consider shorting EURCHF at 1.6555 due to following reasons 1. prices touching upper BB 2. Both RSIs have crossed 3. Stoch have negative cross from oversold territory 4. EMAs positioning to take cross But remember this is counter trend trade and may ...

Weekly Charts Trading system-picking tops and bottom

This is the system which caters for both range and trend trading but it is sort of swing trading as well, who almost gets you in right at the top or bottom and than takes you along till the end of range swing or trend swing and you can see all this ...

Weekly Charts Trading system-picking tops and bottom

5 EMA open 5 EMA close BB 20 2 close Stoch 10,3 ,3 close/close and simple level 80,20,50 RSI 5 CLOSE and RSI 13 CLOSE both in one indicator with level 50 only and fix the boundries between 0 and 100

Weekly Charts Trading system-picking tops and bottom

If you are trading the dailies with this sytem than your stop loss will be between 50-150 and that is the space you provide to the market in daily time frame to breath before it goes in your favour or against you but risk and reweard ratio will ...

Weekly Charts Trading system-picking tops and bottom

I hope now we can have positive in put and critique from traders and can make it more simpler The idea is to pick tops and bottoms of weekly or daily charts what so ever you like and than stick to this simple system for profits.

Weekly Charts Trading system-picking tops and bottom

i have simplified it little more after studying few more currencies and this is the latest chart which i use for live trading in daily and weekly charts. Please use this simple set up for both daily and weekly. Please dont get irritated with this ...

Weekly Charts Trading system-picking tops and bottom

Blues squares and rectangles are drwn by me not by the EA. They were only to show you the top or bottom of potential trade in any currency pair and you can see clearly market turns indicated by indicators. They are basically potential stop loss ...

Weekly Charts Trading system-picking tops and bottom

Traders can decide which time frame to trade so that we can focus on it. Please tell me which tim,e frame should be our focus in trading this strategy. Please specify either weekly or daily so that we all get along in single direction with a purpose

Weekly Charts Trading system-picking tops and bottom

People can also trade daily charts with this stratgey but only in the direction of weekly and can trade weekly charts as well. In either case the entry and exit has to be in a single time frame. no shifting of entry and exits between time frames as ...

Weekly Charts Trading system-picking tops and bottom

The strategy is based on few very sound logics of market and it works. I really wanted to get help from traders and give whatever i had but no response situation discourged me. with this strategy we can trade only daily and weekly charts and no ...

Weekly Charts Trading system-picking tops and bottom

Thread Closed — With due regrets this thread is closed due to less interest by treaders in this system. really opplogise for all this. thanks for your interest so far.

Weekly Charts Trading system-picking tops and bottom

where the comments have gone — If this system is used with discilpline and good money managemeny, its 80 % of the time is a winning system, but only problem is that its is long term system. you can compensate by trading number of pairs. by ...

Weekly Charts Trading system-picking tops and bottom