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Old 09-24-2009, 02:44 PM
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Quote:
Originally Posted by Sean Hyman View Post
Elle, haha, I only say that because I want to get them to thinking about what they think about what was said...because in the end, it doesn't matter what I think about what I said...but rather, what they think about it.

In the end, it's their trading account and their trading decision to make.

Plus...I'm not always right. I have winners. I have losers too. Everyone does.
Ha Ha ...that's so funny!!! I love it!
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  #677 (permalink)  
Old 09-24-2009, 02:59 PM
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Quote:
Originally Posted by Elle View Post
Ha Ha ...that's so funny!!! I love it!
See what you think about that. haha!
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  #678 (permalink)  
Old 09-24-2009, 03:33 PM
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Originally Posted by Sean Hyman View Post
See what you think about that. haha!
haha..after a day like this..we might sync...sink...THINK about leaving this planet..not a regular flight but a rocket:-)
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  #679 (permalink)  
Old 09-24-2009, 03:58 PM
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Quote:
Originally Posted by Ilovepippin View Post
Maybe new for you, but that strategy is called a "Straddle".
problem is indeed, the spread and the reaction time of your trading platform.
I have seen the spread go to 90 in extreme market conditions, wiping you out before you even started.
In lower volatile news events it is a little better, however you can lose both your trades within a second.
It used to work very well when we all knew that interest rates were going to be raised by .25% low risk, like printing money.
Thanks for the reply.I think that I kinda knew that going in to it. The wide spread was new to me though. I placed such a small initial order that it wouldn't have hurt my feelings to get burned a little. The bid initially stayed where it was at while the ask climbed and then it normalized before it took off. Any thoughts?
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Old 09-24-2009, 04:02 PM
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Originally Posted by CodyB View Post
stick to your system, if it aint broke dont try and fix it

what you are trying has been tried before and you'll get lucky now and then but one big loser takes all the shine away
Good advice. I'm pretty much not interested in learning anything the hard way. The market is a stearn task master. I don't think that I would ever try something like that with a sizeable order.
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Old 09-24-2009, 05:55 PM
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Cool
Good Day everyone.
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Old 09-24-2009, 05:59 PM
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Good Day everyone.
Welcome here!
And Sean is good because he is online...:-)
So I was saying I Use also MACD & ATR very important to signal any trend reversal.
I sent u the link already http://forex-indicators.net/volatility-indicators/atr
Last edited by Elle; 09-24-2009 at 06:04 PM..
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  #683 (permalink)  
Old 09-24-2009, 06:09 PM
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Smile
The other Indicators I have on are MACD 12,26,9, ATR 14, SSD 14,3,3 RSI 14

Quote:
Originally Posted by Elle View Post
Welcome here!
And Sean is good because he is online...:-)
So I was saying I Use also MACD & ATR very important to signal any trend reversal.
I sent u the link already Average True Range (ATR) | Forex Indicators Guide
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Old 09-24-2009, 06:27 PM
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Originally Posted by Kimaki View Post
The other Indicators I have on are MACD 12,26,9, ATR 14, SSD 14,3,3 RSI 14
Here are all my indicators/Oscillators
BB
MACD
Parabolic SAR
5SMA
13SMA
20SMA

Same Area
ADX (very important)
RSI 14
Slow Stochastics SSD 5,5,3

Second Area
MACD 12,26,9

Last Area
ATR
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  #685 (permalink)  
Old 09-24-2009, 06:45 PM
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Cool
OK, I added ADX 14, and 20 MVA, I dont have SMA with Marketscope. and wii ry not to confuse things just yet with BB, and Parabolic SAR. I am running 4 charts on one screen, not 4 screens with 1 chart each.

Quote:
Originally Posted by Elle View Post
Here are all my indicators/Oscillators
BB
MACD
Parabolic SAR
5SMA
13SMA
20SMA

Same Area
ADX (very important)
RSI 14
Slow Stochastics SSD 5,5,3

Second Area
MACD 12,26,9

Last Area
ATR
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Old 09-24-2009, 06:53 PM
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Soooo, how does this all work, that's my setup below.
Attached Thumbnails
scalping-intraday-trading-strategies-discussion-elle-1-24-sep.-09.jpg  

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Old 09-24-2009, 07:29 PM
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Originally Posted by Kimaki View Post
Soooo, how does this all work, that's my setup below.
Nice!! looks like my platform.
The MVA you have with FXCM are SMA it's written in parentheses next to it.
Try to add BB at least for your stops. Use top & bottom +- a few pips
Last edited by Elle; 09-24-2009 at 07:42 PM..
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  #688 (permalink)  
Old 09-24-2009, 08:14 PM
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Smile
Cool, I placed the BB's in, should I use the default perimeters 20;2 ?

Quote:
Originally Posted by Elle View Post
Nice!! looks like my platform.
The MVA you have with FXCM are SMA it's written in parentheses next to it.
Try to add BB at least for your stops. Use top & bottom +- a few pips
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Old 09-24-2009, 08:25 PM
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Originally Posted by Kimaki View Post
Cool, I placed the BB's in, should I use the default perimeters 20;2 ?
Yes I have everything default except SSD
I will tell you tomorrow how I do it or Better Monday.
I might have to fly tomorrow.
Read Sean posts they are good. Lot of information.
Good night!
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Old 09-24-2009, 08:35 PM
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Cool
Thank you very much Elli, Have a very good night. Oho I am also a bit of a risk taker, I will ride a motorcycle at neck breaking speed but I wont jump out of a plane. Rest well.

Quote:
Originally Posted by Elle View Post
Yes I have everything default except SSD
I will tell you tomorrow how I do it or Better Monday.
I might have to fly tomorrow.
Read Sean posts they are good. Lot of information.
Good night!
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