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ChicagoRob replied Jan 29, 2009Good job, K40, on that trade. You squeezed out some good pips on something that doesn't appear to have much momentum. One thing that's hurting my performance are the crap spreads at IBFX. When I get some more trading time under my belt with the RSI ...
The RSI Trade
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ChicagoRob replied Jan 29, 2009Good one — Got sicker than a dog last night, so I stayed home today and watched my charts. Made some pips on this one. There was another good setup before, but I missed it.
The RSI Trade
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ChicagoRob replied Jan 29, 2009At the risk of being off-topic, nanningbob is one of the smartest guys we have, here. I've read about his EAs and they are quite impressiive. Rob
The RSI Trade
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ChicagoRob replied Jan 28, 2009Kind of like channel-trading the indicator. I see you've got Firebird running, too. Mix and match! Rob
The RSI Trade
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ChicagoRob replied Jan 28, 2009Asleep at the wheel — This would have been really nice, if I hadn't missed it. Oh well, there's always another trendline forming.
The RSI Trade
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ChicagoRob replied Jan 28, 2009Not seeing much with the four pairs I monitor. Price action is mostly sideways with small candles. I may draw upper and lower trendlines on these and see if there will be any breakouts. Rob
The RSI Trade
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ChicagoRob replied Jan 28, 2009It happens — That's what I mean about taking advantage of the candle's momentum. Were you able to get your stop at BE on the big bear candle? Rob
The RSI Trade
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ChicagoRob replied Jan 28, 2009This is a short-term strategy, so just grab some recent swing-high/swing- low points and connect them with your trendline. Look for downward angle on the peaks, for your long breakout, and a upward angle on the peaks, with a trendline on the ...
The RSI Trade
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ChicagoRob replied Jan 27, 2009Good RSI short — Just took this one. Made some nice pips.
The RSI Trade
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ChicagoRob replied Jan 27, 2009That's exactly what I mean about breakout candle momentum. You could trail that one candle and still make some pips. Rob
The RSI Trade
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ChicagoRob replied Jan 27, 2009Thanks K40. Amongst my winners, I have had only one loss, which was $2.00, and three breakevens. I find that, even with a failed breakout, I get enough action out of the first breakout candle to at least get in a decent stop. I want to keep it ...
The RSI Trade
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ChicagoRob replied Jan 27, 2009Another good day — I'll check out the 21 period next. It flattens out the peaks, which makes it a little more difficult to get a nice "line" on the trend, but if it lessens false breakouts, it'll be a good thing. Here are two trades I just ...
The RSI Trade
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ChicagoRob replied Jan 27, 2009Two trades — Here are two trades I took yesterday. Plenty of profits for one day.
The RSI Trade
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ChicagoRob replied Jan 27, 2009I have limited experience with this approach , but I don't think anything else is needed. I like the fact that it gets you in at a better price, which helps if the trade goes against you. However, if someone can add an indicator which will help to ...
The RSI Trade
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ChicagoRob replied Jan 27, 2009I'll post the two I made last night. Once these things start going, get your TS rolling and watch the pips start to build. Rob
The RSI Trade
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ChicagoRob replied Jan 27, 2009All systems go... — Made two trades last night on eurusd. Both were winners. One was a big winner. Looked at the chart this morning and could see all kinds of possibilities. When I see a sideways, ranging condition and the indicator is "flat," ...
The RSI Trade
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ChicagoRob replied Jan 26, 2009I took the exact same trade. Still going strong. Great setup. Rob
The RSI Trade
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ChicagoRob replied Jan 25, 2009Well said, tcmm. This is the smart way to trade. Rob
Traffic Light System
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ChicagoRob replied Jan 4, 2009No sign of life from this EA, after over an hour of live ticks. Time to shut down. Rob
Modified T101 Method EA\6 Pairs Hedge
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ChicagoRob replied Jan 4, 2009Are you getting the zero divide error, too? I'm not getting anything to print to the chart at all. Rob
Modified T101 Method EA\6 Pairs Hedge