Matinvesty » Wed Feb 25, 2015 5:23 pm wrote:
Thanks for the screenshot.

About the "repaint" as the idea is to get out of the position whenever an counter signal appears, isn't worthwhile to refresh the chart ? But I can understand the idea to keep its state whithout refresh.

Matinvesty » Wed Feb 25, 2015 6:08 pm wrote:AUDUSD - Possible short entry on the 5th red bar.

TraderJoeForex » Wed Feb 25, 2015 6:26 pm wrote:... and missed an entry on EURAUD (last candle open) .. so order at TMA band to see if we can catch it

TraderJoeForex » Wed Feb 25, 2015 6:23 pm wrote:
I've placed an order at the band..

TraderJoeForex » Wed Feb 25, 2015 8:07 pm wrote:

TraderJoeForex » Wed Feb 25, 2015 6:23 pm wrote:
I've placed an order at the band..

...Filled

TraderJoeForex » Wed Feb 25, 2015 7:11 pm wrote:
...confirmed counter signal - I only count a signal once that candle has closed with a signal as you may often find a range wavy in one direction is replaced with a trend wavy in the other depending on price action during that candle. The wavy takes its reading from TMA slope as far as I understand so the threshold for a signal may be crossed and back again several times during one candle. If the signal remains once the candle has closed then price action has made it so and the higher the time period of that candle the more significant.

Now once a candle has closed confirming a counter signal, price will not be at the ideal place for an exit so I suggest getting out at the TMA band unless price is outside.

Matinvesty » Wed Feb 25, 2015 7:55 pm wrote:
This is crystal clear, much appreciated.

I'm willing to improve that technique and test it on a large sample. The timeframe is very comfortable, trades can be planned efficiently and every one or two hours an opportunity is showing up.

So far, 3/4 winning trades (1 was a mockup) and 3 in the green, totaling 6/7