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| Strategies and Systems Chart examples and Q&A's for the strategies on Urban Forex. New strategies and feedback for fine tuning is encouraged. |
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#1
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I like your WEB site. Thanks for the strategies. On your illustration for the 10 pips per day, is your chart showing the oversold condition suppose to be overbought? When it's overbought you short, right? Also, if you could brighten your videos a little it would show up better.
Thanks, Bert |
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#2
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Hi Bret,
I'm sorry if the videos are not bright enough, I'll keep that in mind in the future. As per your question, yes, when its in the overbought area we do short. - Navin |
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#3
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Hi Guys,
Is there some kind of add-on indicator that you use with this to filter false signals? Thanks |
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#4
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Hi im new here, great site. I used this strategy for the first time today. one trade in the 6E 4 TICK PROFIT and one trade in the ES 4 TICK PROFIT. Two points profit one day im happy thanks, slow to learn.
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#5
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Hey guys I have been trading this strategy on sim for two or three days now. I have tweaked the stochastics to the setting of 2-3-3 it seems to be smoother for me. I was getting some bad signals on a strong up and down trends so I added the MACD setting of 2-3-7 to confirm the trade it seems to work. I like this strategy very much because it is so simple and easy to trade, and I have a very simple mind so it fits. I dont trade the forex so I have been back testing it on the ES,TF,6E and the 6S. It seems to be working just fine. You have to be careful on strong trends so I only go for profit target 1- 2 ticks and profit target 2-4 ticks total of 1 point per trade a no brainer. Im only getting 1 to 3 trades a day on each market so if this strategy keeps working for me I will trade all four markets to keep from getting traders boredom. Keep your fingers crossed for me. THANKS;
SLOW TO LEARN.
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#6
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Got a question, when a candle closed outside BB band, how long should I wait for the signal candle? Within three candles? I saw in your video, there is on point you said there is no opposite color candle exists, however, the 3rd candle on the right is the red candle? What makes you bypass?
Thanks for your help. This is a great system. |
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#7
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Quote:
You can wait as long as you are outside the BB band. Once it comes back in the band and there is no signal yet then avoid it and wait for next opportunity. Hope that helps. If I didn't understand your question correctly, please help by posting screenshots, I will be able to answer better. - Navin |
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#8
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#9
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Glad to found this website and forum. Especially this technique
.It was great and simple to understand and execute. Been on it for a week and none of my trade give negative return to me. I haven't try on other pair, only for EU and 15 mins TF. Ohhh I'm using exactly properties for Stochastic and BB as given by Navin. Managed to enter 2 position as now with 57 pips for both :-) |
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#10
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Quote:
![]() Please continue to post your results on this forum. I'll follow along with you. Make sure you check out my forecasts section too on this forum. Will help in your trading. - Navin Prithyani
__________________
Go out of your way to help others. |
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