another NY session failed, luckily I was on long side.
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Sema @ the open ...
In my experience a shorter timeframe/range can mean a greater possibility for false signals .
However my stats show that a Sema @ the open has about an 80%-90% chance of delivering 15+ pips .
So .. I've been experimenting with the 5 range chart . It gives a signal sooner than the 10 range & thus alows a smaller stop .
It worked well today , ....... Chap
In my experience a shorter timeframe/range can mean a greater possibility for false signals .
However my stats show that a Sema @ the open has about an 80%-90% chance of delivering 15+ pips .
So .. I've been experimenting with the 5 range chart . It gives a signal sooner than the 10 range & thus alows a smaller stop .
It worked well today , ....... Chap
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- $EURUSD 9_3_2009 (5 Range).jpg (76.11 KiB) Viewed 3150 times
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- Patch
- rank: 500+ posts
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dchappy
Your method is killing the banks !!!
What is your win loss ratio?
Awesome,
Patch
In VA
Your method is killing the banks !!!
What is your win loss ratio?
Awesome,
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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