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Slurpee replied Jul 19, 2011Good job here, guys
I am shorting GU tonight, lets see what it will do
Easy no stress daily charts:)
- Slurpee replied Jul 18, 2011
DaTrader, don't worry, it helps all to learn... keep posting your charts!
Easy no stress daily charts:)
- Slurpee replied Jul 18, 2011
The AUDUSD fast Stoch line has just finished the day under level 60 so I closed my trade at -122 pips. This type of exit gets me out earlier then my SL is... I am not entering the GU yet... see the picture for my reason
Easy no stress daily charts:)
- Slurpee replied Jul 18, 2011
How my exit can look like — This is to show how my exit can look like... waiting for tonight
Easy no stress daily charts:)
- Slurpee replied Jul 18, 2011
Exactly, on mine charts the same... have to wait for tonight. But I dont trade this pair anyway, but might consider it
Easy no stress daily charts:)
- Slurpee replied Jul 15, 2011
but if you didn't read the first post, you ask questions that are answered there... so read it first, then look at the charts... BE=break even SL=stop loss
Easy no stress daily charts:)
- Slurpee replied Jul 15, 2011
jcdollar, seriously, did you read my 1st post at all?
4) My money management (the key to success) - I risk 3% of my account. I open two trades, one is 1,5%, the second half as well. First half has this setting - SL=170 pips, TP=170 pips, BE+1 ...Easy no stress daily charts:)
- Slurpee replied Jul 15, 2011
USDCAD would be short for me, if the Stoch cross was above 40 level (see the rules). But the cross is under 40 so I am not going short... I trade the pairs that I posted in the first post and AUDUSD... maybe some others in the future, but not ...
Easy no stress daily charts:)
- Slurpee replied Jul 14, 2011
Exactly, this system doesn't take every possible trade, actually NO SYSTEM take every possible trade (from hindsight - after the battle everyone is a general
). If you follow the rules, you will get enough trades. And if it is not enought for you ...Easy no stress daily charts:)
- Slurpee replied Jul 14, 2011
jcdollar, it is OK to ask questions, just go and read the rules a few times. it is not a long reading
The main rule is, NEVER go long when the price is under the MA and NEVER go short when the price is above the MA. Simple as that, dont try to ...Easy no stress daily charts:)
- Slurpee replied Jul 14, 2011
Cross above 40 (from upside down) and price under MA = short Cross under 60 (from down to upside) and price above MA = long
Easy no stress daily charts:)
- Slurpee replied Jul 14, 2011
If it crosses on my charts tonight, I will follow my rules... But I understand you and I might get a loss
Easy no stress daily charts:)
- Slurpee replied Jul 14, 2011
I have not, the Stoch lines have not crossed yet (it is close but have to wait for today's close to finish)
Easy no stress daily charts:)
- Slurpee replied Jul 14, 2011
As per trading style, you wait for the Stoch lines to cross somewhere above the 40 level to go SHORT... (your yellow has to cross your blue from upside down). Why would you go LONG if the price is under the MA?? Did you read the rules, jcdollar? ...
Easy no stress daily charts:)
- Slurpee replied Jul 14, 2011
don't try to "jump the gun"! Wait for the indicators to tell you! there is tons of trades, don't worry you will not get to trade... that is the most commont problem with trades (I was the same!)... this is daily system, so sometimes you have to wait ...
Easy no stress daily charts:)