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MKFXTrader replied Apr 7, 2013I see a small gap up on XE not a gap down.
Third Screen Strategy - Dr. Alexander Elder
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MKFXTrader replied Apr 5, 2013I'm done for the week. Have a great weekend pippy and everyone. Thanks for sharing your system pippy.
Talk to you soon.Third Screen Strategy - Dr. Alexander Elder
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MKFXTrader replied Apr 5, 2013Thanks pip. BTW-I think your nickname should be pip or pippy or something like that, as 100pip is not very personal. Any thoughts?
Third Screen Strategy - Dr. Alexander Elder
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MKFXTrader replied Apr 5, 2013100pip. Do you keep your ositions open through the weekend? I usually close all my positions out on Friday so I can sleep better on weekends. If there is a huge gap like we saw a few months ago with JPY and it goes farther then your SL, how will it ...
Third Screen Strategy - Dr. Alexander Elder
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MKFXTrader replied Apr 5, 2013You reminded me of this stubborn mule clip from family guy.
video Just joking with ya.
Third Screen Strategy - Dr. Alexander Elder
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MKFXTrader replied Apr 5, 2013100pip. You should consider taking partial profits. Maybe have two targets for each open entry within the system. This way you make something rather then BE. I also recommend you consider moving TP to BE when you have a position in the positive of ...
Third Screen Strategy - Dr. Alexander Elder
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MKFXTrader replied Apr 5, 2013
Perfect. We can change or update as we progress.Third Screen Strategy - Dr. Alexander Elder
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MKFXTrader replied Apr 5, 2013Something like that although if for instance the daily does not match up with the weekly like G/U, I would put flat. What do you think? Only put uptrend, downtrend if both the weekly and daily matches. If it doesn't then put flat. We can update as ...
Third Screen Strategy - Dr. Alexander Elder
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MKFXTrader replied Apr 5, 2013I was thinking that those pairs you have listed should be the pairs maybe the thread should focus on. Also based on the third screen strategy of weekly/daily/hourly, beside the pairs you listed, list what the current trend of each pair on that list. ...
Third Screen Strategy - Dr. Alexander Elder
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MKFXTrader replied Apr 5, 2013I think that's more then plenty of pairs to monitor. If you would, can you place a downtrend, uptrend or flat besides those pairs? Maybe we can do this once a week or as they change. This way we can all be on the same page and it will help everyone ...
Third Screen Strategy - Dr. Alexander Elder
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MKFXTrader replied Apr 4, 2013Nomura recommends buying AUD/JPY, targeting a 105 with a stop at 97 for the next two to three months. Hopefully we'll get a good pullback to go long with this target.
Third Screen Strategy - Dr. Alexander Elder
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MKFXTrader replied Apr 4, 2013In the future, I recommend NOT having open positions on the day CB interest rate decision unless you keep a TIGHT SL. Very volatile day with three central bank rate decisions. This recommendation is just based on my experience. Been there, done ...
Third Screen Strategy - Dr. Alexander Elder
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MKFXTrader replied Apr 4, 2013With such a bearish Japanese CB announcement surprising the market, it's going to be hard to try and short yen pairs for awhile IMO. I'm also looking and waiting for daily MACD to turn back up and buy dips.
Third Screen Strategy - Dr. Alexander Elder
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MKFXTrader replied Apr 3, 2013Hello 100pip. Hope you're having a good week. I have a question on what your thoughts are on eur/aud and gbp/aud? Are you waiting for daily TF to turn back down to match weekly chart, or are you shorting already? Thanks
Third Screen Strategy - Dr. Alexander Elder
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MKFXTrader replied Mar 31, 2013Great explanation. I too like to look at the weekly TF and making sure the daily is in agreement with it. BTW-When you are looking at the weekly TF, are you using the MACD crossover or slope at all, or just your EMA's? What is your setting on MACD? ...
Third Screen Strategy - Dr. Alexander Elder
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MKFXTrader replied Mar 31, 2013100pip, I've read on a few of your post where you mention the weekly TF. I'm still trying to implement this triple screen strategy into my naked PA system but need a couple of questions clarified. Do you only use the daily TF MACD crossover to ...
Third Screen Strategy - Dr. Alexander Elder