Reversal Trading System - page 64
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Hi Guys
I was out of eur today when break BUY ZONE cz i focused on CAD for big
News .
Just i sold eur when retraced at 80 2times.
BUY ZONE= 1.2630-40
SELL ZONE=1.2680-90
KavehKaveh, are these zones still OK?
Hi kaveh
thanks for the chart
I think I am really confused as to how the zones are calculated now.. after reading many posts and chat room texts on thsi thread Ive been looking at he relationship between the lows and highs of the previous days US and Asian sessions..
But now you have posted a chart with a long term fib count on it taking the lows and highs from as far back as mid august into consideration?..
Is there a single calculation for the zones, or are you the only person who can decipher them as its more about gut feel?
Hi Peacelover,
It's an easy system but due to whatever reason the thread does make it appear confusing. Here's what to do, hope it helps:
1- download indicators from posts #8 and #9
2- download the template file from post #69
3- place indicators in C:\Program Files\MetaTrader 4\experts\indicators
4- place template in C:\Program Files\MetaTrader 4\templates
5- restart mt4
6- load a new chart from file>new chart
7- choose a 1m timeframe
8- in mt4 toolbar look for templates icon click and choose load template
9- load the template downloaded in step 2
10 - your charts are now setup and ready
11- right click on the 5m juice window and under levels tab look for 0.0007
if you want change the line style to a different color and make it solid
12- do the same thing for 15m mtf juice window
13- now the charts should be complete but you may not see the 0.0007 line, this is because the juice levels are not that high yet so the line doesnt show
14- for trade entry what you're looking for is a breack thru in juice level of 0007 and higher, and for trade direction you check with cog and the colored arrows in the price window at the same time that the juice breaks thru, this can be called a signal lineup
15- kaveh provides daily "zones" which give additional confirmation when a setup as explained in step 14 lines up and the price falls in the ranges he posts
16- neuimex is kaveh's broker, and he uses their data feed for entry, exit and zone calculations. if you use another broker thre may be a slippage or difference in the exact entry or exit price. theoretically it shouldnt matter that much especially as this is not a scalping system working for a few pips rather it tends to catch some large moves so a few pips up and down shouldnt matter
17-for testing you're probably using a demo account which sometimes does not jive with the live charts
...well I hope this helps to get you started and remember the masters say that the holy grail is not the system but rather the trader.
Good Resume Pipsnapper, thanks.
I have been silently watching for a few weeks and am impressed, am using a simular system but ultra short timescale and find it v. difficult to scalp the pips. This system seems slightly longer and therefore somewhat easier. Do u know when the room will be open again so I can follow and learn? I read Kav is working on something new?
Cheers
Kaveh, are these zones still OK?
Hi Guys
EUR retrace at 40-50 2times on ASIA markets AND break sell ZONE in UK markets . yes still ok for HIGHER.
YOU MUST BUY AT 40 IN ASIA AND EXIT IN UK.
MY key level for higher is 1.2760.
Kaveh
Hi kaveh
thanks for the chart
I think I am really confused as to how the zones are calculated now.. after reading many posts and chat room texts on thsi thread Ive been looking at he relationship between the lows and highs of the previous days US and Asian sessions..
But now you have posted a chart with a long term fib count on it taking the lows and highs from as far back as mid august into consideration?..
Is there a single calculation for the zones, or are you the only person who can decipher them as its more about gut feel?Hi dyn
YOU must read all of text .cz i explained when markets fall like last week
you must see FIBO level with CAM level.
Kaveh
ok mate Ill look back
so many rules so much text!!
Hi Guys
Please HELP .
How can i send to my GROUP when i took positions on Neuimex?
THX Kaveh
Hi Guys
Please HELP .
How can i send to my GROUP when i took positions on Neuimex?
THX KavehSorry kaveh I don't know the answer to this question.
What do you have for they buy and sell zones today?
Hi Guys
today ZONE
BUY ZONE=1.2680-90
SELL ZONE=1.2760-70
Kaveh
Hi Guys
I hope you took this nice PIPS at 80.
+48PIPS and out
Kaveh