Most currencies are around the 240 line which is a major range area. Even the JPY pairs are letting the 240 line catch up. SO range trading maybe the trade of the day. I am taking profit every line, but not much to speak of so far this week. Just a handful of small trades in the 20-40 pip range and that is about it.
mjws00 wrote:LOL. Another book. Maybe there is something useful. Maybe tldr;
Useful to me, Mike. Would you be willing to share your tweaked EA? I'm still managing my orders manually and it's not optimal. I could use some mech help.
Most currencies are around the 240 line which is a major range area. Even the JPY pairs are letting the 240 line catch up. SO range trading maybe the trade of the day.
This is what keeps me out of ranging trades - I can not afford to take trades that could break either way.
The 10.4 has clear guidelines, and you have posted plenty Bob about distance from 240 ... distance from relevant pivots and so on. This is just another way to avoid trades where risk is higher ... there is no need to take any but the best setups.
I won't post any more non-10.4 tools here.
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thelearner wrote:@ingot I thought I already download your stochastic fish net indi, but I couldn;t find it. I really like the colours for H1 on that. Mind you to post it again or refer me to your upload post? thank you.
HI , I have a question: if the PA cross the 240MA and the RSI2 is in the good position ( buttom if the market is uptrend or top is ddowntrend) on 4hrs chart, do you take a trade the next candle ( near the WLines) after the cross?? what will be yoiu stop loss? EX GBPCHF , NZDCHF?
