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Old 11-02-2007, 09:34 PM
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Re: Walter`s Forex "Vma Trend Scalps": Looking for an exit strategy

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Walter you missed one post; and I though you liked the JPY!!!

Well Walter, I certainly don't want to miss your remarks on my charts.
Yes, I realize that the DAX is not forex, but let's pretend it is a currency and improve on our methodology.
Actually your methodology, "ours" in the sense of our intention to apply it, when finalized.

So the questions today refer to:
1) aggressive or conservative entry
2) exit strategy using Hook From Extreme.

Your point of view is always appreciated.

Cheers.
Unicorn.

I would time on 55T chart only... and the HFE some times can get tricky, (due to divergences) happened to me when I was ccier , If you want to use oscillator, you may want to check the histogram of the first oscillator crossing 0... still can get tricky sometimes (divergences)... for exits I liked the "red area"... clean exit criteria , no oscillator divergences risks.. (getting you out before time) ...

here is chart :



I see the concepts are getting really uniform from chart to chart... looks like we where looking always the same chart.. jejej... when that happens its a good signal of progress ¡¡

keep them coming Unicorn... good stuff... cheers Walter.

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Last edited by MC; 11-08-2007 at 05:23 PM.