Buy Sell Zone on FOREX

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4x=0
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Buy Sell Zone on FOREX

Postby 4x=0 » Tue Apr 10, 2007 4:22 pm

anon wrote:Avery trades this method with AAPL and the GBPUSD so if your curious about how it works with Forex I would ask him. According to what he's told me, he makes the majority of his trades based on the buy/sell zone indicators for Forex.


Avery, would it be very much trouble for you to explain how you determine the buy/sell zones for Forex? A simple straightforward explanation of how the zones are determined and then if you would include any pertinent details of how they are traded would be greatly appreciated. Once you can provide the necessary information that is easily understood and practical, I will begin demo trading this method at once. Summer is soon approaching and I would like to have a daily method to take advantage of over that time. Thanks.

Maybe I'll be having to wake up at 4am like you do now ...
Last edited by 4x=0 on Sat Apr 28, 2007 1:32 am, edited 1 time in total.

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TheRumpledOne
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Postby TheRumpledOne » Tue Apr 10, 2007 8:26 pm

The long zone is the London Open Price + .0003 and +.0004.

The short zone is the London Open Price - .0003 and -.0004.

For the USDJPY use .03/.04 instead.

Go long on green candle in the long zone and short on red candle in short zone.

I use 5 min and/or 60 min candles.

That's pretty much it.

If you have one of my dynamic s/r indicators, you can use it to make sure there is plenty of room before s/r is hit.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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Postby 4x=0 » Tue Apr 10, 2007 10:55 pm

Thanks a millino TRO !



Looks like a long trade was triggered within the first 5 minutes of today's open.

Am i interpreting the buy signal correctly?

TRO what is the point of having +.0003 AND .0004?
Last edited by 4x=0 on Tue Apr 10, 2007 10:57 pm, edited 1 time in total.

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Postby Gert Frobe » Tue Apr 10, 2007 10:56 pm

4x=0,

Avery, just gave you the golden keys to the prirate tresure chest of your dreams. the only problem is its so simple you will want to improve it or think it wont work becose its too simple and you run the risk of f*ing it up by changing it or not doing it exactly how he just said it.

i hope you make the right choice.

airball

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Postby 4x=0 » Tue Apr 10, 2007 10:58 pm

Thanks Gert Frobe :)

I will heed your advise.

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Patch
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Postby Patch » Wed Apr 11, 2007 1:52 am

Hi Airball

Good to see your picture and post this evening.

Are you posting your trade results with the Dow futures anywhere?

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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Postby 4x=0 » Wed Apr 11, 2007 2:03 am

look patches, a live trade!


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Postby Patch » Wed Apr 11, 2007 3:03 am

4X=0

Great job on you CHF trade. The quantity seems to have gotten blurred out for some reason. Keep up your great trading. 5 PIPS a Day will give you your life and financial freedom.

Patch the Pirate
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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Postby 4x=0 » Wed Apr 11, 2007 3:09 am

yes hopefully in a few years time

thank you patch

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Postby 4x=0 » Wed Apr 11, 2007 4:58 am

2 pips on the above.

now im in at that higher price i wanted.

hopefully i can milk this fat ass cow for all it's worth


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