FTSE 100 Daily Future (Sep) (05-AUG-11)
"yearly chart, difficult market, RSI is right at the middel, moving averages say it a buy, on an intraday trade. long term seller."
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Peter jcp left a comment for guestpaul"Hi - open a 10 sec tick chart ideally and puton following linear regression indicators (4) set at 205 / 350 450 and last one 600 to 700 .
Then add 2 Parabolic SARs at following settings - one at 0.002 and 0.001 ans the other at 0.002 and 0.003 - its…"
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- Trading style
- scalping,swing
- Current Broker
- ig
http://www.metacafe.com/watch/yt-08bXhN8RJOs/tour_of_scotland/
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Comment Wall (3 comments)
- At 7:29am on April 13, 2010,
Tatsuya Kawanishi said… - Hi, Guestpaul! Welcome to Forexstreet.net. :-)
We have a group for the old chat members. We will keep there all the trading stuff from our old folks.
http://www.forexstreet.net/group/fxstreetoldchatmembers
- At 11:54am on September 16, 2010, Moonlight28 said…
- Hi GUESTPAUL
I am new to FOREXSTREET, and saw that you are also from Scotland.
I find it always nice to meet people with same interests as me, forex trading.
Cheers
Moonlight28
- At 6:35pm on August 17, 2011, Peter jcp said…
- Hi - open a 10 sec tick chart ideally and puton following linear regression indicators (4) set at 205 / 350 450 and last one 600 to 700 .
Then add 2 Parabolic SARs at following settings - one at 0.002 and 0.001 ans the other at 0.002 and 0.003 - its worth playing with setting etc
Now the idea is when the linears go over the price followed by the parabolics -price should fall and vice versa.
Works best around 8 min either side of hr frame change or 30 min and 45 min changes. As you know times are key to me and whenit lines up at correct area at correct time you can then look for start of changes - as you know - the odd scalp with a 5 pips stop can end up as a 100 pips trade at least twice a week - especially at key change times - all the best Peter
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