alphine Posted April 9, 2011 Report Share Posted April 9, 2011 Hello friends, this strategy look amazing, but i don't really understand what this strategy mean. Anybody can help me to understand this strategy? Strategy : > you make 1 trade per day on the EURUSD > your "day" ends at 4:59EST and starts at 5pm EST > use 60 minute chart with the MACD and RSI on the chart > each day at 5pm EST you start watching the chart. it may take hours and hours of watching the chart, but keep watching until the high or low for the day has been hit. > as soon as the daily high or low has been hit on the 60 minute charts, switch to your 1 minute charts. if the daily high or low has also been hit on the 1 minute chart, the signal is confirmed. > after the signal is confirmed enter the trade immediately. if it is the high for the day that has been hit, go short. if it is the daily low that has been hit, go long. > set stop loss of 15 pips and a profit target of 25 pips. Look comment from this : h**p://www.fOrexfactOry.cOm/showthread.php?t=405 Quote Link to comment Share on other sites More sharing options...
juicyt Posted April 9, 2011 Report Share Posted April 9, 2011 hmmmm.... You should re-read as well as read the whole thread, itis a joke. Quote Link to comment Share on other sites More sharing options...
alphine Posted April 9, 2011 Author Report Share Posted April 9, 2011 hmmmm.... You should re-read as well as read the whole thread, itis a joke. I think it's not a joke, 'daily high and low' is not real daily high and low on one day, but i guess the secret is on the 4.59 until 5 pm. Yesterday become tomorrow??? Quote Link to comment Share on other sites More sharing options...
juicyt Posted April 9, 2011 Report Share Posted April 9, 2011 NO, it is a joke! Quote Link to comment Share on other sites More sharing options...
paapi Posted April 9, 2011 Report Share Posted April 9, 2011 That entire thread is made for fun and it is expressed several times throughout the thread.., it is evident within the four or five posts in the 1st page. Quote Link to comment Share on other sites More sharing options...
Roels Major Posted April 9, 2011 Report Share Posted April 9, 2011 What is the basic of this strategy...? The first thing you need to know is the basic.... Basic means breakout or momentum formation (HH, HL , LL, LH) or candle formation or any patterns or pure from indicator....or anything... The second is what is the session to trade (US, Europe and London or Assian)... Quote "You Ain't Seen Nothing Yet!". Link to comment Share on other sites More sharing options...
juicyt Posted April 9, 2011 Report Share Posted April 9, 2011 Don't do it man, don't give alphine a ridle to solve, he (or she) will really continue to believe it is for real. Let it go alphine, this really is not true and it is energy better served elsewhere that you are wasting! Quote Link to comment Share on other sites More sharing options...
alphine Posted April 9, 2011 Author Report Share Posted April 9, 2011 Don't do it man, don't give alphine a ridle to solve, he (or she) will really continue to believe it is for real. Let it go alphine, this really is not true and it is energy better served elsewhere that you are wasting! Okay guys....thank you... Quote Link to comment Share on other sites More sharing options...
mtuppers Posted April 9, 2011 Report Share Posted April 9, 2011 okay you may do it, however, you need another system that is reliable to confirm the trend. Quote Link to comment Share on other sites More sharing options...
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