I run 1 to 2% trades, so the SL at the bottom of the 5 min candle is the SL which is around 2%.
As long as there is not contradiction, and the 5 min candle is bullish 3 mins into the trade, I get in at approx 30% retracement, took around total of 12 pips off the table at the 15 min candle close...
The CAD Retail sales data was trigger worthy as the actual outcome was 1.3%
Whereas FNG did not even display the entry, which is bad luck, its even worse considering not many triggers happening nowadays, had to trade it manually.
Hope it gets fixed soon.
Thanks Peter.
Correct me if I am wrong , but I could not digest the NZDUSD trade plan posted on the Forex Signals Section today.
https://www.forexpeacearmy.com/forex-forum/current-forex-trading-signals/33307-forex-trading-signals-summary-wednesday-march-12-2014-a.html
Now here's the confusion I have...
I am not able to understand the New Zealand interest rate release Trade Plan.
The existing Lending Rate is 2.5%
The new proposed rate is 2.75%, any Lending rate increase itself should push the market up.
Now the Spike trade plan has a 3% trigger on the up side and 2.5% trigger on the down...
@ Peter
The deviation figures for the the UK Manufacturing PMI Trade don't show ,
Its not there on the Week 6 Thread in the Archive folder too.
Can you please update this ?
RSI Returning Signal shows up on Expert Advisors List,
But does not attach to chart, tried file from the last post by Peter. Am running MT4 Build 600
Anyone else facing the same problem ??
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