I loaded the indicator. I noticed the entry spread was only 7 pips. The price bounced to SHORT then bounced to LONG. It did go long for awhile and then went back short (which from my charts I thought it might go short).
Is GBP/JPY to volatile for this indicator? your thoughts welcome!
Buy Zone for Dummies Question
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Patch
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glenngie
Please post a chart with some marks and text so we can see what you are looking at.
Thanks
Patch
In VA
Please post a chart with some marks and text so we can see what you are looking at.
Thanks
Patch
In VA
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO
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Patch
- rank: 500+ posts
- Posts: 941
- Joined: Sat Jan 06, 2007 6:13 pm
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- Location: Virginia
- Real name: Jeff
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- Contact:
glenngie
It would be interesting to run the wick stats on this for the M30 and M15 and M5 to see the distribution, esp on the M30 to see how they relate to the entry. One thing this doesn't tell us is what the open price is that I see.
Here are the profit and loss numbers based on the target:
Long Short spread
entry 141.36 141.29 0.07
traget 141.46 141.18
stop loss 140.86 141.78
profit 0.10 0.11
loss -0.50 -0.49
Can you run the wicks/tails on this chart and post the chart?
Patch
In VA
It would be interesting to run the wick stats on this for the M30 and M15 and M5 to see the distribution, esp on the M30 to see how they relate to the entry. One thing this doesn't tell us is what the open price is that I see.
Here are the profit and loss numbers based on the target:
Long Short spread
entry 141.36 141.29 0.07
traget 141.46 141.18
stop loss 140.86 141.78
profit 0.10 0.11
loss -0.50 -0.49
Can you run the wicks/tails on this chart and post the chart?
Patch
In VA
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO
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