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Horizontal Line Every 20 or 25 pips

Posted: Sat Apr 18, 2009 4:17 pm
by JESGPY
TRO or anyone.

What do you think about using horizontal lines every 20 pips as triggers(00, 20, 40, 60, 80) or using them as you find on the sweet spot gold (00, 25, 50, 75). Do you think having an extra trigger line will result in more opportunities, thus more profits? Or will it just be the same.

TRO I know You once asked people at the 2 percent club to give you numers and you traded those numbers succesfully. I think that's the answer to my post. But I'll still like to hear some feedback.

Thanks.

JUAN

Posted: Sat Apr 18, 2009 4:25 pm
by TheRumpledOne
Do you think having an extra trigger line will result in more opportunities, thus more profits? Or will it just be the same.

That depends on the trader.

Posted: Sat Apr 18, 2009 4:29 pm
by JESGPY
which trader will benefit from using a trigger every 20 and which one using a a trigger every 25?

JUAN

Posted: Thu Apr 23, 2009 7:19 am
by prochargedmopar
I'm liking 10's.
But I don't take the trade at the line as I only use it as a reference point for price movement as it crosses and pulls back or pile drives it's way through.
Keep an eye on the quarters though as things get funny there sometimes.
This has actually forced me to trade one currency as I couldn't keep up with 3 or 4 having so many lines to attend to continously. I think it's gonna help me in the end.
I was trading 4 using 25's and did pretty good but always felt I was missing lots of pips and then would end up taking trades on currencies I had no idea what they were or had been doing recently.
Go, Go, E/J.
LOL
I may get a hand slap for this post but most days recently have been profitable.
Now the question, can I let my winners run?
We'll see.