Hi Tareq, Good questions. My own style would be very similar to answer A. Take a smaller loss as the sl is now reduced. But sometimes dependent on how small /bigthe loss would be I would keep the original stop loss. If say the sl was moved to take a ...

Directional Movement

I am in on e/u and have kept my stop tight at 25 pips below open of indicating candle - thisis due to it being a down cnadle with very little wick. It is also at the low of the candle previous to the indicating one. I think it will come back and ...

Directional Movement

Hi guys, After yesterdays big moves I would be selective in which trades you take as there is likely to be some retracement. Sometimes retracements after big moves causes the system to give signals - as they are defining a trend agianst the overall ...

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Pips are pips. Price had come down to yesterday support also.

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I have not had any vaild signals so far today. Not sure on u/c - this shows as a no trade on my system - could be again down to the feed. Not surprising little going on after yesterdays moves.

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Steve, What do these scripts allow you to do?

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Don't worry Delta there will be some signals coming along soon. Sounds like you had a good start to the week!

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Hi oblo, No I did not get back in on eur/chf as I saw the signal late. Wish I had as this would have wiped out my earlier loss on this pair.

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I have ended up even for the day so far. The good news was that 12 pairs showed signals during today. Even good more news was that 10 made healthy profits - either now closed or still live. The bad news is 2 pairs have failed yet to make a profit - ...

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Delta, Looks like you made the right choice on which pair to go with. Mine is getting there slowly. If I was you I would be getting to b/e now or closing out 1/2 of your position and bring rest to b/e. There could be a temp retracement as price has ...

Directional Movement

Hi guys, I am currently in this eur/chf trade. Target 15147.

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Hi guys, Looks like a good trade to get into but be aware of large two candles proceeding with no retracement. Also there is strong support at 7075 to 7050 - (4h chart) so be careful.

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Hi Oblo, This point was raised by Deltaworld at the beginning of the thread. I use the high/low of the indicating candle - this is just personal preference and the SL should be down to the individual.

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Hi Volvo, Thanks for your input. Using s/r is the most effectie way of coming out of a trade. Exit half at the first s/r and then bring the remainder to b/e. Price 9 times out of ten bounce of s/r so it is my opinion that gettign out at these points ...

Directional Movement

Have a good weekend too. Look at the charts over the weekend and look where you could have made better exits using s/r and the indicators. That eur/aud hit you pretty hard - there is no reason why you should not have taken away at least 50 pips from ...

Directional Movement

Hi Delta, I have breifly looked at the Trix and I am yet to be convinced that it will be as good as the MACD histogram. However we shall see. How did you end up on the week - up or down?

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Delta, Can you post the trix indi. I will have a look at it over the weekend.

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Just looking at the price action you can see that it has stalled.

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Hi Delta, I have just checked the chf/jpy trade and you would still be in this one with the MACD histogram exit strategy

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Hi Delta, My exit strategy includes goign to b/e after 20-40 pips (dependent on pair) and taking profit based on MACD or s/r. Is this what you will be using for the live? I would suggest as this is a test to run both strategies on demo until you ge ...

Directional Movement