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flamestriker

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Posts posted by flamestriker

  1. Understanding The Exact Process Behind The Movement In Price

     

    mp4 format.

     

    http://oron.com/29euvcnna948

     

    hello, thanks for providing download link. But I couldn't download it properly since oron doesn't support download resuming and due to the low speed of my net, I can't download it in time. Could you provide mediafire link so that I could resume it?

  2. It has been over 9 months since I started this sharing thread. To be honest, my trading now-a-days uses mostly price action + trend lines/support/resistance, and I also use the AO to help me count waves.

     

    But to answer your question, I have found convergence/divergence in general do have some predictive value for my own trading. At one time I was using RSI, then for the past 6 months or so I was also playing with AO. But I think it does not matter so much which "oscillator" indicator you use (RSI, MACD, AO, Stoch, etc.) to look for divergence/convergence, but more on how well you as trader is "in-tune" with the particular indicator in its reading the price action. And to be good at that, I think requires personal experience and experiments, because each trader will find different solution that best fits his/her trading style.

     

    For myself, the only oscillator-type indicator I use now is the AO, but I use it more for counting waves, less so for seeing divergence. (But of course I do pay heed if there is an obvious divergence coming up).

     

    hello could you tell how you count waves through AO. I am also using AO these days but still am not familiar with it.

    Thanks.

  3. I'm using both 5 and 15M. 5M TF has more signals (Asian and London session = 3-6 signals. Take 8-10 pips per signal and you will be OK. 15M TF gives cca 3 - 4 signals per day (all sessions), but you can take more than 10 pips per signal. I don't trade retracements (contra-trend). If you don't have time monitoring trades than choose 30M TF. It gives 1-3 signals per day and you can get a lot of pips. You can trade retracements too (on 30M). On 15 and 30M Stops are accordingly bigger. Play a little bit on your demo platform and backtest.

    Green pips to all!

    Frida

     

    if possible could you provide live signals from this strategy for some days ? would like to learn from them :)

  4. I use AO for:

    - confirmation when bright red changes to dark red, (green to dark green) for entries when also HMA is red or green and vh is the same colour

    - for exits when colour change to dark. You can also use it for re-entries.

    If you prefer you can put in your chart original 2-colour AO from your MT4. The colour will change from green to red only.

    AO also show divergence.

    Today I'm playing with 4 pairs. Since Asian open till now (3 hours) I made: 10 pips on A/U, E/U and G/U and - 10 pips on E/J which was my mistake entering contra trade (short) when vh was still blue. So far +20 for morning trades. And lesson learned - trade with trend.

     

    which timeframe are you using?

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