Rentering is a good idea - unfortunately I spotted it late.

Profit All Day System

I thought I was 3 pips below the latest low but seemed to be right on the low. I use IG and must have just got lost in translation from MT4 to IG.

Profit All Day System

Miscalcualted my SL on e/u long at .36577. Got stopped out by 2 pips and it is now running away into my would be then TP level. Arrrggghhhhh!

Profit All Day System

If you had looked at the 15 minute chart at the time of taking the trade you would have seen that the 3ema, 5 ema and 13 ema were not in their correct positions. Both 3 and 5 emas were below the 13 - therefore no trade.

Profit All Day System

Hi everyone, Indicator that shows the trend 3,5,13 emas over different time frames. Which ever time frame you are trading just look at the indi to see the trend on timeframe above. hope it helps. Red = 3 ema < 5ema < 13 ema - short Green = 3 ema > 5 ...

Profit All Day System

I was commenting on post 725 made by imran.

Profit All Day System

My point - trade was short so stop loss should be last swing high.

Profit All Day System

Hi guys, Your stop loss is incorrect on this trade? It should have been the last swing high. The candle you point to as the stop loss does not have two lower highs proceeding it - therefore it is not a "swing high". If you had placed it in the ...

Profit All Day System

Thanks for clarifying. I thought i saw somewhere that you do not use the 30min of 4h charts. Excellent strategy - will follow with interest.

Profit All Day System

Hi cubby, Just a couple of questions if that is ok. 1. Could you explain why you shorted eur/usd on hourly yesterday when the eur/usd on the daily was not confirming? 2. You may have a situation where by a candle takes out a high but the cci us not ...

Profit All Day System

Hi Cugir, I have been interested in ADX for a few years and have been trying to refine the entries/exits using it. I use the MACD on 12,26,9 (instead of your 10,20,50 SMA) and the MACD has to be correct at the time of getting a signal on the ...

ADX / laggs

You are correct some retracement are good winners. This is also the reason why I use MACD crossing signal line without worying to much if the cross was above or below zero. What you need to look for in any direction is if price has broken through ...

Directional Movement

This is true but you have to remember that the indicator follows price and not the other way around. A large move on the ADX is only so due to the large move in price. When we can identify a strong breakout in price this means that the ADX will ...

Directional Movement

Hi Iamfx, I have provided a screenshot that shows other factors that can be used before initializing a trade. This includes s/r and trendlines.

Directional Movement

Hi Iamfx, Thnaks for you post. Yes I am still currently trading this method but the interest in the thread has died down a little so I have not posted for a while. I have been constnaly refinign the system to make sure I trade the very best of set ...

Directional Movement

Hi holmes, Only you can decide what to do. First you need experience in watching the markets so you can trad ethe right signals. There is no quick fix for this - it just takes time. Always demo trade new strategies and then take implementaiton from ...

Directional Movement

Hi Canuck, You are correct.

Directional Movement

Hi Canuck, Actualy looking at it I think the dmi has gone through 20 and then pulled back lower and then gone through. This is where the addtional trade has come from. I have attached a screenshot.

Directional Movement

Hi Canuck, I have just done some eyeballing and it seems on a few of occasions that it trades a couple of times during one smooth move on the adx. Adx has not decreased and then increased. Any ideas?

Directional Movement

Hi Canuck, That's great. Thanks for the input.

Directional Movement