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- ikur1 replied Mar 14, 2011
well basically: 1. use 4H chart only- so far on eur/usd 2. indicator: use stochastic (5,3,3) 3. ATR last 14 periods identify a divergence and reconfirm with the stochastic for oversold/overbought levels enter the trade when the peak turns, decide ...
- ikur1 replied Mar 7, 2011
I'm actually backtesting on divergence as of now... here's my cheat sheet version: 1. If u see an uptrend on the chart and there's a divergence on the "tops"- it's a reversal 2. if u an uptrend and divergence on the "bottom 2 points"- it's a ...
- ikur1 replied Mar 6, 2011
with this... I just realised, which is best? 1. ECN 2. Fixed spread 3. variable spread Sorry I had to post a reply here for this topic since I'm a junior member I can't start a new thread yet also tell me why it's best? Thx people!
- ikur1 replied Mar 3, 2011
anyone read any kathy lien's book? any review? heard she's quite highly regarded
- ikur1 replied Mar 3, 2011
definitely 2-3% max per trade of your capital....
- ikur1 replied Mar 3, 2011
Hey I'm working on this too, need more opinion please... I'm also backtesting on 4H chart, thought about 2 options: 1. using a fixed SL for all trades: eg.50 pips on Eur/USD since that's the average size candle found using ATR 2. an idea from ...
- ikur1 replied Mar 3, 2011
isn't it depended on the time frame you're trading? like min 6 months on 1H or 2 months on 5 min TF? I was also told 200 trades minimum to backtest before you proceed just an opinion from a beginner...
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