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cgldsmth replied Sep 12, 2011my point is that the sq indi takes the absolute highest/lowest price achieved before the next CZ forms, so doesn't quite reflect real-world profit-taking activity, at least I think I would stuggle to exit with those maximums. as I've mentioned ...
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cgldsmth replied Sep 12, 2011thanks for this, appreciated. I guess the main problem is with the TP levels. The numbers displayed by the indi would rarely be achievable except by those gifted with spotting reversals on PA. Your analysis highlights the need for more defined exit ...
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cgldsmth replied Sep 9, 2011of course. adjusted ADR and box now 43pips tall. let's see how this one goes. GBP shorts shaping up everywhere.
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cgldsmth replied Sep 9, 2011short GC, lets see if SNB can avoid intervening for once. Overbought since the spike and deserves a retrace anyway. Moves are usually big on this pair.
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cgldsmth replied Sep 8, 2011great piece of work this new one thanks squalou
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cgldsmth replied Sep 6, 2011once in a blue moon morning has just occured
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cgldsmth replied Sep 6, 2011no, I don't mean the prescribed minimum. I mean the length of the actual current CZ (30, 42, 56 etc...). Although it's obviously easy to "eyeball" when a CZ is a good one, it would still be a nice addition.
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cgldsmth replied Sep 5, 2011I'm probably asking too much and being a lazy bugger but it would be nice if squalou's indi displayed the current number of bars in the CZ, saves me from the arduous task of counting them myself, what with the toothpaste eyes... (incidentally, being ...
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cgldsmth replied Sep 5, 2011short cable just triggered, BARELy obeying the rules, but a nice CZ allthesame.
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cgldsmth replied Sep 5, 2011with this chart just for example, the 7 pips is the distance from the buffer line to the bottom of the candle printing the lowest price. I assume therefore that the upper right hand summary display takes these values, not what would be the actual ...
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cgldsmth replied Sep 5, 2011of course, a simpler TP level would be the average number provided by the indi in the top right hand corner, but this number is taken from the buffer zone, and so is larger than it should be.
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cgldsmth replied Sep 5, 2011quite, and I agree. But I am a firm believer in letting profits run, and as a trend-trader, scaling-in is ingrained. I am still unsure on your exit strategy, but realise that for you it's an art from having put in a lot of screen-time. regards
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cgldsmth replied Sep 5, 2011basically placing sell stops below each fib (reverse for buy) and setting each profitable trade to BE+1 when price has progressed another fib-level.
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cgldsmth replied Sep 5, 2011FH why did you pull out of your trade here? Cannot see that the PA was stalling in any way. just curious. It's a trade you posed a while back.
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