GREAT indicator

Quote from GiantDog:

How do you decide if you are going to take 3 or 5 points profit on your trades? I see sometimes you take 3pts, and sometimes you take 5pts.

Simple! If the market moves 3+ points his direction, he marks down 3 pts. If it moves 5+ points his direction, he marks down 5 pts. Of course all done in hindsight. :D
 
Quote from sandygray66:

Simple! If the market moves 3+ points his direction, he marks down 3 pts. If it moves 5+ points his direction, he marks down 5 pts. Of course all done in hindsight. :D
i do trade with 2 contrects.when market move 2 ponts one contrect out 2nd i take profit with suport and resistemc.watch the lines where i take profot
 

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Quote from GiantDog:

How do you decide if you are going to take 3 or 5 points profit on your trades? I see sometimes you take 3pts, and sometimes you take 5pts.

He flips the magic 3pt/5pt coin. I am still waiting to see the charts with his losing trades as he claims 80-90% winners.
 
Quote from jeb9999:

He flips the magic 3pt/5pt coin. I am still waiting to see the charts with his losing trades as he claims 80-90% winners.
yes there r few days when we can sy lossing day like major news day like fed or the day market is very voltile like option exp. etc.what i do that when one 10 min bar is more than 5 points tehn i do not take trade with next bar on same direction ,
 
Quote from Currywurst:

What's your risk:reward ? Where do you set put your stops ?
i try to take trade under or near res.for short and or long i try to grab long trade over or near suport.normely 2-4 ponits loss limit profit target 3-5 points
 
Quote from nadeemrock:

i try to take trade under or near res.for short and or long i try to grab long trade over or near suport.normely 2-4 ponits loss limit profit target 3-5 points

Sound like another moving average scam.

There is a big difference between 3 and 5 point exit. Why dont you post the code here so we can all test it as a system ?
 
Quote from nidarian:

Sound like another moving average scam.

There is a big difference between 3 and 5 point exit. Why dont you post the code here so we can all test it as a system ?
IS THIS M A SCAM LOL.:D
by the way for 3 points profit 3 point loss for 5 points profit 5 points loss limit
 
This sistem is works great. in use by profesion trader liek Waren buffet. send a 5000 dollar monies Western Union or Monies Gram and be rich fast have nice car and work from sleep.

Monies back garantees!
 
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