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- abc997 replied May 6, 2009
Pilatus, do you think this one worth taking. The S/R is a bit far, 25 pips for AUDUSD.
- abc997 replied Apr 29, 2009
A really good signal that I've missed. It just got everything that I am dreaming of.
- abc997 replied Apr 24, 2009
Didn't expect this one is so profitable... where is the S/R, is the 0.8960 the one? Or (H+L)/2 on HTF? Any comment?
- abc997 replied Apr 24, 2009
This one happen 1-hour later is similar (M1 Asian). Although rainbow is not contracted and price moved outside S3, trend on the HTF is strong and keep breaking new low - excellence for trend following.
- abc997 replied Apr 24, 2009
This seems surprising. But if we look at the HTF, it is much less surprising or even a bit obvious.
- abc997 replied Apr 24, 2009
See what happen next...
- abc997 replied Apr 24, 2009
More to share... — If you look at the figure below, it seems not so attactive to take the signal, since the rainbow looks expanded, and it is heading towards a resistance line. Also, it is an Asian session.
- abc997 replied Apr 24, 2009
I want to share more rounded number S/R figures. Although the price is within a price-channel in the HTF, the rounded number S/R, (which has been formed in the HTF), seems to be quite useful. Any comment? (Be warned that these are M1 figures in ...
- abc997 replied Apr 24, 2009
Thanks Pilatus for sharing! Great to see that you have another two great trades. Congradulation! I can see both of your trades have some blueprint characteristics of your example trades, but they are not as perfect as the example trades you gave, I ...
- abc997 replied Apr 23, 2009
This one I haven't taken, since it is approaching R1. But it turn out to be profitable.
- abc997 replied Apr 23, 2009
For this one, the pivot line is not a S/R, there is a less-clear S/R above the pivot line at around 98.20-98.25. The profit this time would be better about 15pip.
- abc997 replied Apr 23, 2009
For this second one, the TrendFollower signal is also backed by the horizontal line, which is a S/R in HTF too. Nevertheless, this time the profit is very small 2-3 pip. clearly not a good risk-reward ratio.
- abc997 replied Apr 23, 2009
Let me share four examples on M1 today. There are no "outside-channel" trend today. So to play safe, I need to have S/R to back the TrendFollower signals. In example 1 below there is a S/R on HTF around the horizontal line. The TrendFollower signal ...
- abc997 replied Apr 22, 2009
Oh, England is in the centre of the world when talking about forex trading. Yes, TrendFollower did not give signal during the S/R channel breakout today for EURUSD. Trendfollower will only give signal when trends has been established and prices ...
- abc997 replied Apr 15, 2009
This is what you need.
- abc997 replied Apr 7, 2009
Pilatus, Congratulation! I can see your persistence and consistence now rewards you consistently, after your years of hard work! I am very pleased to see this! I hope I can get there soon, despite my initial failure at the moment. Two questions ...
- abc997 replied Apr 7, 2009
Hi Earret, can you share your very profitable trade on 6 April on AUD/USD. Did I miss something there?
- abc997 replied Mar 27, 2009
A Great Signal I Wouldn't take — When this signal appeared, the H1 showed a down trend, M15 showed a to-be-breakout pattern, and the price has fell only a little. Although the rainbow is not too narrow, it is the first one after the M5 ...
- abc997 replied Mar 26, 2009
Well Done Pilatus! Everyone see, high-probability trading involves a number of considerations rather than only a standalone system. I doubt an EA based just on the original theWicker's rules can produce a good consistence result. Pilatus, just one ...
- abc997 replied Mar 25, 2009
It is not bad, I should say amazing, if you do it on a part-time base! I think I perform similar to you in terms of pips, but it is negative. See my statement attached. I take a trade only when all Trend Follower conditions meet and I take only ...