TBH i would not have closed the GBPUSD sell because of the NFP as the FXCorrelator was not telling me to do so,if i would have stayed in i would be 140 pips up at the moment. (but it was my 1st live trade with the FXCorrelator)
I have been running a demo account for 1 month now using the FXCorrelator and up around 1,700 pips,however i am not opening any positions on this account if there are any bank related news coming out,however when in a position i am not closing any trades because of news,only closing via the FXCorrelator and swing high and lows.
Yes i like the 20 setting on the 4 hr charts sets up well 60 was to slow
Old school FXCORRELATOR-BASIC-FREE-VERSION-2013 is the BADASS indicator i,m using folks !!
P.S I will try to post my trades as soon as opened i,m not a PC Geek but i will try to make some screenshots if i can and post here Neil
Might sell JPY soon but not confirmed yet,
jees you are doing well dude...:smart:...the basic FXCorrelator on a 20ma / 1 delta setting (See attachments below in my links area or earlier in this thread for copy)
This is a great learning indicator to get the feel of strengthmeters and indeed relative strength index trading in forex
if as a trader you don't "Feel" what benefits it brings after playing for a while then strengthmeter trading is probably not for you ...........it either "Gels" with you or it doesn't ............find another edge
please feel free to post dude ...........many have done in the past on my big thread .............
and I am always here to answer any questions you may have