I’ve been requested by my forex buddies to make entry here on the result and guideline how to use the new method, on my testing using new method developed by our sifu and his other otai at Oasis. Above is the second day testing with their method after struggling to see all the indicators provided which now I have lots of indicators and overwhelm inputs which resulting me - unable to digest all in one time until I have a feeling "how to trade meh"? Which one to use, this indi explain what? This meter for what, how to read this heat meter. Argggghhh!!!!! my forex buddies know what I meant, after I complete install, loading and setup their trade platform huuuuhu
Second day test result
As a start I decided to continue with my manual trading method companies and testing the currency strength meter method.
Result from the testing are surprised me! Which for my manual method its will take lots of time to collect that much pips in one session. On the red box I started morning around 1000 hrs, the meter showed that GBP are strong which reached 8.00 in the meter then I start using the script for GBP…. Wallllllaaaaaaaaah 7 pair entered into my trade terminal within a second! With the setup TP at 10 pips the pips counter started with RED FONT which means I’m in a losing pips position started with -15 and increased up to -70! Its meant im burning my money now! Go back to chart, my manual method showed that trend is still at my side but I have placed the script a bit late compare to others trader worldwide… with 7 pair in my LIVE terminal… losing money is easier than thought!
Keeping in mind that the trend for each pairs are at my side I hold ….. 2 hours later? The TPs started to match and the pips counter become green … sound relief huh “muka ada senyummmm” of course hehhe…. (please refer to pairs in the red box)
Later on during afternoon session alert by the meter that JPY weak! Then immediately I check other indi in my others chart… everything tell me to proceed. Again using the script, another 7 pairs appear in my terminal… pips counter is RED! Again panic hits me… thought I already make immediate decision but the result looks like I make decision too late again? After a minutes then its become greener on the pips counter…. It was false alarm for me, since this testing so im still learning it and try to digest the information… pips counter showed red due to total spread! Hehehehe again the new method caught me! Within 10 minutes pips counter keep on changing color red/green within a second or two … whats wrong? Again check other indis, indis showed me the trend is gaining which immediately I drag another JPY script to the chart window. Another 7 pairs enter my terminal huhuhuhu burning money again? (green box)
One by one the pairs has started matched the TP set with the script and continues with others. When I saw that the pips counter is green and the pips count started to slow down plus two of my pairs has matched their trailing stop lost which always running by the expert in my terminal. With positive pips in hand, I decided to test another script “close all” then… one by one my pairs closed automatically in less than a second interval… (refer dotted red box) WOW that easy! hahhaa
That’s all for today test summary!
“Happy pipping”
GBPUSD H1 7/6/2011
13 years ago
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