nanningbob » Tue May 27, 2014 6:16 am wrote:OK holiday is over, back to trading. I didnt take one single trade yesterday. I report no winners and no losers. zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
Heh..
No movement in the market yesterday. Opened a GBPUSD long on habit reading stoch, closed for a MINI profit (think in terms of pennies) when I realized that it was a bank holiday. So, waiting on some movement soon, good news coming out of the EU.
HI Guys try this script it does a perfect job for me. Just drag it onto any chart and will do all the rest.
To get this indicator into your Empty4 open File - data folder - Mql - Scripts and paste the indicator.
Regards
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Thank you for this - my CSS wasn't working on my live Cowboy IBFX Aus account - though was fine on the demo - couldnt figure why - but was due to lack of history. Used your little script & all sorted
Yes. When I made my 2nd trade and it went to profit and my first trade went to almost BE I closed both and started a new series of trades. I had two trades on the drop.
I will have a finalized version that I will be using for 10.7. It will be a simple version using very few signals and few indicators. Daily pivot, TMA True, 10.7/10.9 indi. I will read my CSS and then trade in the direction of that read. I will have a signal when TMA True goes outside the 2.0 ATR, I will have signals to enter and exit at the 10/90 lines and a 2nd entrance only at the 30 70 lines. I will use a 2nd screen for high swap signals trading only with the swap so most aud and nzd will have positive swap trades only. I am taking this position because I have found out from a fundamental point of view the Aussies are going to be increasing exports to India while Chinese economy is slowing down. This should support their price and allow positive swap trades to be consistent winners. This also will fit well with JPY depreciating their currency. JPY goes down aud and nzd go up. With increased trade with growing Asian economies like India and Indonesia and hopefully continued slow recovery in the West the AUD and NZD will hold up very well over the next several years. I dont know if the AUD will catch up to parity with the USD but the 85-95 range sounds really sound and good to me. Knowing this I will adjust my trading accordingly and take the positive swap during the dips in that range.
Nice trades Bob. I like the way your stoch signal was right up above 90 and then fell through it. Mine never even went to 90 so the first signal would not have happened at 90. Maybe this indi suits your broker times best?
I also note you don't have the daily line showing, do you not use it on H4 only the red weekly?
I do like the way this appears to confirm the signal for a perfect fib retracement and entry.
Is the TMA True here now or still coming? I have only got the TMA CG.
My chart:
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It wasnt a 10.7 read it was a continuation of the breakout trade I was expecting last week. I played the CSS that the USD was breaking the 20 line up and I was expecting a breakout. People disagreed with me last week and they were right but long term (why I use daily CSS reads) still pointed to a breakout and I played it again. This time it worked.
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Cherry » Thu May 29, 2014 8:57 am wrote:Nice trades Bob. I like the way your stoch signal was right up above 90 and then fell through it. Mine never even went to 90 so the first signal would not have happened at 90. Maybe this indi suits your broker times best?
I also note you don't have the daily line showing, do you not use it on H4 only the red weekly?
I do like the way this appears to confirm the signal for a perfect fib retracement and entry.
Is the TMA True here now or still coming? I have only got the TMA CG.
My chart:
That is also why I put the 70/30 reads in there also. It always doesnt make a retrace back to the 90/10 especially in strong trends. Not that this was a strong trend but I will look at trades that break the 70 also.
