Comments on: Indicators Used http://nobsforex.net/2007/05/15/indicators-used/ A part of the nobs network Thu, 20 Nov 2008 15:39:48 +0000 http://wordpress.org/?v=2.2.2 By: JoseLeon http://nobsforex.net/2007/05/15/indicators-used/#comment-113 JoseLeon Fri, 18 May 2007 07:02:19 +0000 http://nobsforex.net/2007/05/15/indicators-used/#comment-113 Of course Jude, no problem :) Of course Jude, no problem :)

]]> By: nobsforex http://nobsforex.net/2007/05/15/indicators-used/#comment-112 nobsforex Fri, 18 May 2007 05:54:27 +0000 http://nobsforex.net/2007/05/15/indicators-used/#comment-112 Jose, would you mind joining us as a blogmaster in Nobsforex and post your strats to share with our readers as well? You can link back your entry to your own blog anytime. Jose, would you mind joining us as a blogmaster in Nobsforex and post your strats to share with our readers as well? You can link back your entry to your own blog anytime.

]]> By: JoseLeon http://nobsforex.net/2007/05/15/indicators-used/#comment-111 JoseLeon Thu, 17 May 2007 15:56:00 +0000 http://nobsforex.net/2007/05/15/indicators-used/#comment-111 Do you remember the pivot indicator that I posted in my Blog Jude? It's easy, it places the pivots in mt4 chart (1 hour) with 2 zones: buy zone and sell zone. I don't trust the trend alerts in this indicator, only these zones. I have been testing this method based in pivots with my girlfriend (I must admit that my girlfriend is better than me... more disciplined lol) and we have so much more success than losses. These 15 days almost 90% success. In fact it's easy to calculate manually the pivot (with daily chart), then begin the buy zone 20/21 pips upwards (with 20 pips more upwards to create this zone) and 20/21 pips downwards from the pivot in the same manner, but this indicator makes it all automatic :D We only wait the price to enter in one of these zones (1 or 2 pips inside), we have seen that GBP/USD and EUR/USD are the best. We don't trade with this strategy usd/chf or usd/jpy yet. It's only to get 15 pips with eur/usd and 20 pips with gbp/usd daily. Some days you can not trade because the price is out of these zones. We are also testing the second buy and sell zones. But pips don't matter, we place a medium lot to gain some more money because we are getting good results (we imagine it's with a real account and not risking so much but gaining enough money), and we do this: GBP/USD: target price: 20 pips, stop loss: 30 pips EUR/USD: target price :15 pips, stop loss: 25 pips We will continue testing this strategy during some weeks more but I have the good impression that it's a winning strategy, and I don't need more than these pips daily: I could gain some good money and percentage every month in a real account ;) I will keep you informed. Do you remember the pivot indicator that I posted in my Blog Jude?

It’s easy, it places the pivots in mt4 chart (1 hour) with 2 zones: buy zone and sell zone. I don’t trust the trend alerts in this indicator, only these zones.

I have been testing this method based in pivots with my girlfriend (I must admit that my girlfriend is better than me… more disciplined lol) and we have so much more success than losses. These 15 days almost 90% success.

In fact it’s easy to calculate manually the pivot (with daily chart), then begin the buy zone 20/21 pips upwards (with 20 pips more upwards to create this zone) and 20/21 pips downwards from the pivot in the same manner, but this indicator makes it all automatic :D
We only wait the price to enter in one of these zones (1 or 2 pips inside), we have seen that GBP/USD and EUR/USD are the best. We don’t trade with this strategy usd/chf or usd/jpy yet. It’s only to get 15 pips with eur/usd and 20 pips with gbp/usd daily. Some days you can not trade because the price is out of these zones. We are also testing the second buy and sell zones.

But pips don’t matter, we place a medium lot to gain some more money because we are getting good results (we imagine it’s with a real account and not risking so much but gaining enough money), and we do this:

GBP/USD: target price: 20 pips, stop loss: 30 pips
EUR/USD: target price :15 pips, stop loss: 25 pips

We will continue testing this strategy during some weeks more but I have the good impression that it’s a winning strategy, and I don’t need more than these pips daily: I could gain some good money and percentage every month in a real account ;)
I will keep you informed.

]]> By: nobsforex http://nobsforex.net/2007/05/15/indicators-used/#comment-110 nobsforex Wed, 16 May 2007 08:07:37 +0000 http://nobsforex.net/2007/05/15/indicators-used/#comment-110 On the other hand Jose, the inflation report an hour later after the AE Bonus might be pulling the cable down. I'll close the trades right after the AE Index Bonus since we won't want to speculate and gamble on the results of Inflation report. On the other hand Jose, the inflation report an hour later after the AE Bonus might be pulling the cable down. I’ll close the trades right after the AE Index Bonus since we won’t want to speculate and gamble on the results of Inflation report.

]]> By: JoseLeon http://nobsforex.net/2007/05/15/indicators-used/#comment-109 JoseLeon Wed, 16 May 2007 05:40:15 +0000 http://nobsforex.net/2007/05/15/indicators-used/#comment-109 Thanks Jude, I will check it :) Thanks Jude,
I will check it :)

]]> By: nobsforex http://nobsforex.net/2007/05/15/indicators-used/#comment-108 nobsforex Wed, 16 May 2007 05:15:09 +0000 http://nobsforex.net/2007/05/15/indicators-used/#comment-108 EG. Right now I'm 35 pips on the pound and I'm expecting the Average Earnings Index Bonus q/y to be good later on. Shifted the SL to above the pipspread. As we can see, there's alot of room on the MACD to the upside and the 200EMA/SMA is on top, high probability it will be heading towards that direction. EG. Right now I’m 35 pips on the pound and I’m expecting the Average Earnings Index Bonus q/y to be good later on. Shifted the SL to above the pipspread.

As we can see, there’s alot of room on the MACD to the upside and the 200EMA/SMA is on top, high probability it will be heading towards that direction.

]]> By: nobsforex http://nobsforex.net/2007/05/15/indicators-used/#comment-107 nobsforex Wed, 16 May 2007 01:48:34 +0000 http://nobsforex.net/2007/05/15/indicators-used/#comment-107 I used only 200EMA since I notice that usually the candle likes to follow 200EMA more often. For SL, currently I'll set it at -50 for cable (since it fluctuates alot) and for TP, I'll take the BAT indicator to decide on the TP. Sometimes I'll just let it run if the MACD shows alot of room, but I'll shift the SL to the profit zone (if the pips clocked is more than 30) I used only 200EMA since I notice that usually the candle likes to follow 200EMA more often.

For SL, currently I’ll set it at -50 for cable (since it fluctuates alot) and for TP, I’ll take the BAT indicator to decide on the TP. Sometimes I’ll just let it run if the MACD shows alot of room, but I’ll shift the SL to the profit zone (if the pips clocked is more than 30)

]]> By: JoseLeon http://nobsforex.net/2007/05/15/indicators-used/#comment-106 JoseLeon Tue, 15 May 2007 17:21:31 +0000 http://nobsforex.net/2007/05/15/indicators-used/#comment-106 Hello Jude, as I read Dan was using 200 ema and 200 sma with macd, do you use them both? How do you use this emas to entry in the market with macd and how are your tp and sl. Thanks, Jose Hello Jude,
as I read Dan was using 200 ema and 200 sma with macd, do you use them both?

How do you use this emas to entry in the market with macd and how are your tp and sl.

Thanks,
Jose

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