wow great system... just wanto to try the h4 first. hope it works with me
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Dislikedthe 12th of june would have been a good day to place a trade on eurusd.
i still see potential for this and am shorting(late entry)
Bull101 what is your stance regarding late entries ?Ignored
DislikedLooks like the last signal on EUR USD was the 13th. Shorting now would most definitely be a late entry.
I never take late entries. The way I see it, there is always going to be more signals, there is no reason to try and catch every move. And when I put my money on the line, I want to have the best odds possible. Taking late entries will not give me the best odds possible.
Hope that clears it up,
Bull101Ignored
DislikedLooks like the last signal on EUR USD was the 13th. Shorting now would most definitely be a late entry.
I never take late entries. The way I see it, there is always going to be more signals, there is no reason to try and catch every move. And when I put my money on the line, I want to have the best odds possible. Taking late entries will not give me the best odds possible.
Hope that clears it up,
Bull101Ignored
DislikedI'm glad that your released your system. I have wanted to focus on the Daily TF for some time and for a while I studied OzFX. But I was uncomfortable with the win/loss ratio. It seemed streaky. That's not to knock OzFX. It seems to work for many people, but my concern is what happens if you start trading it while it's in the midst of a losing streak.
That having been said, it's intriguing you were able to identify such a big difference in performance simply by using AO instead of what OzFX uses which is AC.
I did some research and one of the things I've read is that both AO and AC are variations on MACD.
Do have any comments on the process by which you decided to use AO? And for that matter, did you play around with other indicators?Ignored
Dislikedwe should also begin tracking results beginning from this week
it would be nice Bull101 if you could post weekly results of the system in the first post along with the system rulesIgnored
DislikedHello jcorp,
Thanks for bringing this up.
I will only take an entry signal after there has been a complete reversal signal.
So in order for me to go long on USD/CAD again, there must be a complete short entry signal first.
Let me know if that doesn't clear this up,
Bull101Ignored
DislikedDaily Signals:
Three signals today.
GBP/USD: Buy at 1.9633
NZD/USD: Buy at .7535
NZD/CHF: Buy at .7875Ignored
DislikedI see a valid entry for the GBP/USD but not for the NZD/USD?
Yes the Stoch Histogram changed to green but since the previous bar for AO was( on the 16th) already green there arent any changes.. What am i missing?Ignored