Dislikedone thing about ea s is like today when the gbpusd closed when stoc crossed back would ea have gotten you out? i have never used an ea it might work might not have no experience with themIgnored
- Syd
[dust is my bed...]
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Dislikedone thing about ea s is like today when the gbpusd closed when stoc crossed back would ea have gotten you out? i have never used an ea it might work might not have no experience with themIgnored
Dislikedi cant figure it out either what ever happened to mikep anyway well i got to take a nap before trading see you guys laterIgnored
DislikedAll Traders using the Mint,
When applying discretion to all possible pairs with Long or Short direction, what is your rationale for the trade signals on monday? Below are mine. The purpose of the question is to help become proficient in this part of the Mint's trading.
JPY will have news onf monetary base on the 7th. Is thsi worthy news to be out of trade for this report?
The GBP is weak and the JPY is strong. Will that continue or will reversals occur this week? Keeping this in mind when going forward this week, would you sit on the sidelines waiting for this reversals (MINT's Daily chart signals reverse) before placing trades? This sunday evening shows early movement that the JPY is weak.
GBPJPY - Short - Take trade (only one trade in early hours): MAs down trend on Daily for 6 bars, but Stoch is 11.73.
GBPUSD - Short - skip signals??: MAs down trend on Daily for 30 past 30 bars, but the stoch reads 19.22
GBPCHF - Short - Skip trade: MAs down trend on Daily for past 12 bars and stoch reads 6.37.
EURJPY - Short - Take trade (multiple signals if given) : fresh MA trend on Daily (3 bars) and stoch is 25.10.
EURCAD - LONG - Not sure. 1H has a sideways trend of 10 bars. if goes up, which we are only waiting for the stochs to cross up for a valid long signal, i would be inclinded to take the long trade, but only for 20 or 25 pips. The Daily stock is at 93 which would make me concerned to not trade at all.
CADJPY - Short -Take trade (only one signal). The stoch on daily is at 11.43 (NOTE: this pair i get my data feed from TradeStation platform - 4pm daily bar closes).
I have started counting days the MAs, RSI, and Stoch are in the same direction for valid signals (independantly) to see if they add any value for applying discretion. Does anyone have any imput on this attribute?
Yes, I like statistics to aid in my decision making rational. Its the engineer in me.
Trader4LifeIgnored