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- nkhawaja replied Sep 21, 2010
Zaman! look at this chart that you showed. if you wait for the 1Hr candle to close above 50MA and then you enter at teh high of this candle, you are not going anywhere
Multiple Trading systems gbpusd only
- nkhawaja replied Sep 21, 2010
why did you have two losses? I had one loss when it crossed the upper band. I see on the charts the lower line cross was into some profit, isnt that the case?
Multiple Trading systems gbpusd only
- nkhawaja replied Sep 21, 2010
Here it is. It crossed at 12AM EST last night. Look at the two arrows
Multiple Trading systems gbpusd only
- nkhawaja replied Sep 21, 2010
Loss again. So price crossed the upper band, I entered long. it retraced and crossed upper band again, but then went down gradually to hit my stop of 50 pips. I entered at 12am EST. 2 lines are failing on me. what is next?
Multiple Trading systems gbpusd only
- nkhawaja replied Sep 20, 2010
on a regular time chart, it is just a cross above the upper line or cross below the lower line. on 15pip range bar chart which he is working on. he waits for the close above or below for confirmation to enter the trade.
Multiple Trading systems gbpusd only
- nkhawaja replied Sep 20, 2010
ok, GBPUSD crossed the upper line. I entered but I skeptical today. there is not much movement at the moment. i am in, and it turned red. looks like a lost trade to me. there has to be more then jus the cross of the lines. at the moment i entered ...
Multiple Trading systems gbpusd only
- nkhawaja replied Sep 20, 2010
there is one more thing here. the timings of the trade. the upper line crossed before 12am EST. Also we need to stay within London and NY time frames.
Multiple Trading systems gbpusd only
- nkhawaja replied Sep 19, 2010
Are we still late in this entry? Also when do you think these signals becomes valid? I know for 2lines, it becomes valid or effective at 12am EST, right?
Multiple Trading systems gbpusd only
- nkhawaja replied Sep 19, 2010
i found both Renko and Range bars, they both looks similiar. i am able to draw the charts. but again, i am just focusing the two lines. Zaman where did you buy the range bars from?
Multiple Trading systems gbpusd only
- nkhawaja replied Sep 19, 2010
i am in the same boat and has same kind of questions. At the moment i am focusing on TP and not having a trail. I tried trailing with 20 pips or 10 pips but i dont think it is consistent. sometimes price reverses and catches the trail and move on ...
Multiple Trading systems gbpusd only
- nkhawaja replied Sep 19, 2010
I dont think he is nagging. he is trying to find the statistics and the best approach to filter out losses. A user experience. We are all learning.
Multiple Trading systems gbpusd only
- nkhawaja replied Sep 18, 2010
i found the range bar
. trying to fix the logistics, it wants to open an offline chart. were you able to fix the issues? i will try to share it soon. actually check this thread url Multiple Trading systems gbpusd only
- nkhawaja replied Sep 17, 2010
yes absolutely, we would like to see these signals too.
Multiple Trading systems gbpusd only
- nkhawaja replied Sep 17, 2010
Zamanib, honestly you have given 4-5 systems and the thing is for us to work on them and try, fine tune. they are more then enough. So first of all thanks for that. secondly, folks have to read the thread carefully to come to know about the Fxtrade ...
Multiple Trading systems gbpusd only
- nkhawaja replied Sep 17, 2010
well i saw the EJ crossing the upper line, it was after 12am EST. so there were some 40 pips there. then it reversed and went crossed lower line i think there were some pips too. GJ was ranging
Multiple Trading systems gbpusd only
- nkhawaja replied Sep 17, 2010
yes i saw all three pairs hitting the target. but two pairs were also down at some time, luckily they didnt hit the stop.
Multiple Trading systems gbpusd only
- nkhawaja replied Sep 17, 2010
atleast on GJ, you must have been Green at some point. it moved up 40 pips
Multiple Trading systems gbpusd only
- nkhawaja replied Sep 17, 2010
so you are in and waiting for the target to get hit?
Multiple Trading systems gbpusd only
- nkhawaja replied Sep 17, 2010
yes, even though i entered 20 pips late. I was still able to grab 45+ pips. a gain after a long time. just going to focus on 2 lines for some time. lets see where is EJ in regards to the line?
Multiple Trading systems gbpusd only