stevehopwoodforex.com
https://www.stevehopwoodforex.com/phpBB3/
Print view

240 MA BUY.ABOVE_SELL.BELOW
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=3871		 Page 2 of 24
Author:  nanningbob [ Sun Oct 12, 2014 2:04 pm ]
Post subject:  240 MA BUY.ABOVE_SELL.BELOW
4. Once the arrow or warning comes on you will then want to set up your trade. I will be using pendings with 20 pip profit and 20 pip SL. I will then adjust them to the arrow and before the lines on the screen. On the chart the light blue boxes showed where price definitely went over 20 pips. Pink boxes it is either very close to 20 or was profitable at some point. Then there were two trades marked with a red X that would have hit the SL.
Author:  nanningbob [ Sun Oct 12, 2014 2:16 pm ]
Post subject:  240 MA BUY.ABOVE_SELL.BELOW
This chart I wanted to show that every trade was profitable within an hour from the signal. Green thumbs went over 20 pips, yellow thumbs under 20 pips but still made a profit. So once you place a trade with this system you want to get out with profit or after an hour.
Author:  nanningbob [ Sun Oct 12, 2014 2:23 pm ]
Post subject:  240 MA BUY.ABOVE_SELL.BELOW
Now there is no such thing as a perfect trading system. The gbp/usd shows 2 profit trades, 2 stop loss and 5 trades that went nowhere or didnt get 20 pips in the hour. But you need to see that some days you just aint getting none. However, on bad days you arent losing your shirt either.
Author:  nanningbob [ Sun Oct 12, 2014 2:30 pm ]
Post subject:  240 MA BUY.ABOVE_SELL.BELOW
Now same system 30M gbp/usd chart, SL not a problem unless you let the trade go over the hour limit. 4 went 20+ and 6 trades less than 20 pips. 1-4 signals a day.
Author:  nanningbob [ Sun Oct 12, 2014 2:35 pm ]
Post subject:  240 MA BUY.ABOVE_SELL.BELOW
4H NZD/CAD 1-2 trades a week. All got 20 pips and some much more. Only 1 SL hit if you place it at the top of the arrow. However you only get 1 or 2 signals a week and some trades you would have to wait 24 hours or more before they move. Plenty of time to set up the trade though.
Author:  nanningbob [ Sun Oct 12, 2014 2:40 pm ]
Post subject:  240 MA BUY.ABOVE_SELL.BELOW
Want 40-50 pips a pop a couple of times a day. Try the 1H gbp/nzd. That will get your blood flowing. :)
Author:  nanningbob [ Sun Oct 12, 2014 2:45 pm ]
Post subject:  240 MA BUY.ABOVE_SELL.BELOW
30M gbp/aud ............. juicy.
Author:  nanningbob [ Sun Oct 12, 2014 2:46 pm ]
Post subject:  240 MA BUY.ABOVE_SELL.BELOW
Better yet the 1H gbp/aud chart. hmmmmmmmmm I like it medium rare with some salt and pepper and cook it on an open grill.
Author:  nanningbob [ Sun Oct 12, 2014 4:30 pm ]
Post subject:  240 MA BUY.ABOVE_SELL.BELOW
Thanks Steve, can they be used on any TF??
Author:  AZJeff [ Sun Oct 12, 2014 4:45 pm ]
Post subject:  240 MA BUY.ABOVE_SELL.BELOW
Bob,

Very nice. It would be wonderful if someone could make a dashboard that displayed the different time frames and information. I am not sure if that could be coded.

Regards,
Jeff
All times are UTC Page 2 of 24

Powered by phpBB® Forum Software © phpBB Limited