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You can also follow my new trading style for the final confirmation before taking any trade based on my Daily Trade Signals. But, Actual entry points may vary from the given entry points.
1. 5 mins time frame
2. Moving average
Period : 100
Ma method : linear weighted
Apply to : typical price (HLC/3)
3. Envelopes
Period : 100
Ma method : linear weighted
Apply to : typical price (HLC/3)
Deviation : 0.03
Colours : top line – RED, bottom line – Green
Red line is the actual SELL point for SELL trades
Green line is the actual BUY points for BUY trades
4. Price Channel Stop ( PCS ) indicator
Channel Period : 106
Risk : 0.0
NBars : 5000
Colours : top – red, bottom – green
Red colour line on top indicates the trend as SELL
Green colour line at bottom indicates the trend as BUY
Based on My Daily Trade Signals
Take the trades only after you get the final confirmation as per the specified trend from PCS indicator
If its a SELL, then sell around the red line of the envelopes, above the MA100 line and
If its a BUY, Then Buy around the Green line of the envelopes, below the MA100 line.
In Case, If the trend reverses in the PCS indicator, then please exit at breakeven, and wait for the next confirmation
Set the SL just 10 pips, below / above the PCS indicator
If anybody needs PCS indicator and my Client Trade template,
Please msg me on skype id : harsha.k.guptha
Thanks
Harsha
they are two entry level, you set two pending limit orders using the two suggested entery price
read his previous replies to have more info
Hi, I'm new to Forex trading. Sorry if I ask any silly question.
What platform should I use in trading? I heard there is MT4 FXCM....
And I understand the entry price and SL (Stop Loss?) , but what about the TP? When should I take profit?
And I'm playing with a demo account using MT4, sometimes it states invalid s/l or T/P.
Can anyone tell me how to setup the trading style???
I'm just too confused by reading babypips. @@
Yes , You are right
you can follow the link of Myfxbook in my signature for all those updates.
Mr.Revpanther is trading in his live account based on my signals.
and i keep him updating about the market movements.
Harsha
Is it worth to deal with this signal? Mr.Revpanther almost blows his account.
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