Daily Forex Net Trap Trades and discussion

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Old Jul 21, 2010, 10:00pm   #33
Joined May 2010
Re: Daily Forex Net Trap Trades and discussion

Following two threads i think will be a challenge for me. I prefer it all in one place, and then it's better to get a wider exposure to see who thinks what. Well, let's see how it is gonna move on.
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Old Jul 22, 2010, 5:51am   #34
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Re: Daily Forex Net Trap Trades and discussion

Already at 05.50am it's looking like a no trade again. FDFDFUU so it's been down 2 then up 2. I think I'm right in saying that makes it a no trade by the rules? what if the next 3 candles are UUU, does this mean we can ignore the earlier two D's?
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Old Jul 22, 2010, 6:42am   #35
 
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Re: Daily Forex Net Trap Trades and discussion

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Quote:
Originally Posted by gav2e View Post
Already at 05.50am it's looking like a no trade again. FDFDFUU so it's been down 2 then up 2. I think I'm right in saying that makes it a no trade by the rules? what if the next 3 candles are UUU, does this mean we can ignore the earlier two D's?
I got a trade MA clear by 3 (2.5 exact) and only two opposing candles, but not more, you need three or more opposing to say no trade. Heres what I see.

15175 Flat (3.45 candle was also 15175)
15174 Down 1
15174 Flat (ignore)
15173 Down 2
15173 Flat (Ignore)
15174 Up 1
15175 Up 2
15176 Up 3
15176 Flat (ignore)
15177 Up 4


Trade Buy 15203

M
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Old Jul 22, 2010, 6:46am   #36
Joined May 2009
Re: Daily Forex Net Trap Trades and discussion

Quote:
Originally Posted by gav2e View Post
Already at 05.50am it's looking like a no trade again. FDFDFUU so it's been down 2 then up 2. I think I'm right in saying that makes it a no trade by the rules? what if the next 3 candles are UUU, does this mean we can ignore the earlier two D's?
But we shouldn't be looking at the candle types
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Old Jul 22, 2010, 6:46am   #37
 
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Re: Daily Forex Net Trap Trades and discussion

3down then 7 up = no trade, despite the 7 consecutive ups, and +3 overall up.
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Old Jul 22, 2010, 6:49am   #38
 
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Re: Daily Forex Net Trap Trades and discussion

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Originally Posted by peterf1966 View Post
3down then 7 up = no trade, despite the 7 consecutive ups, and +3 overall up.
Pete. look at my figures above, so where do we differ as you get 3 down not two?

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Old Jul 22, 2010, 6:54am   #39
Joined Apr 2007
Re: Daily Forex Net Trap Trades and discussion

I see this is going to take some following if we're posting in 2 places..... I have a feeling of deja vous
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Old Jul 22, 2010, 6:54am   #40
Joined Mar 2010
Re: Daily Forex Net Trap Trades and discussion

Quote:
Originally Posted by peterf1966 View Post
Hi Graeme,

On IG, just enable advanced charts from your settings. Then to get the chart, click on the tab where you open your orders in Puredeal, and click on advanced chart for cable.
Takes 30 seconds or so to open a Java applet to run it, but once open, you can play about and get it how you want it.
So long as you use IG regularly they waive the £30/month they charge - yeah right, like anyone's going to actually pay.
The Cam levels are a custom indicator, you need the code for it, if you want it, I'll repost what GBDRU2 posted up a few weeks back.

The thread I opened up for tomorrows trade discussion - can you change it's name, or delete it, as the forum thinks that just one thread for trade discussions will do, and that can roll on.
Hi Pete, thanks for this, but are you certain they won't just take the £30 out of my account every month ?
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