Evening guys ))
MY name is Jimmy.
Here I shall show the opinion + opinion of other my analysts on the future movement of two pairs currencies (GBP vs USD and EUR vs USD)
For the beginning while I shall give forecasts only on GBP vs USD.
GBP vs USD Forecast:
03:00 am - 01:00 pm - buy 75%
Up trend
buy zone 1.9998-1.9966
stop 1.9926
targets 2.0014 | 2.0030 | 2.0044
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Firstly if our main trade is Up - you should only BUY, but not Sell !!! If our time zone with 75% accurate - you should use RSI(14) 30 and 70 levels, but if with 96% you should use RSI(14) 40 and 60 and 30 - 70 too,
when the price is not in buy or sell zone. You can exit with our targets, RSI (60 or 70 levels) or when the time is over (not recommends).
– 03:00 am - 01:00 pm - buy 75% - -Time_trade zones with RISK indicator (only period of time where you should sell or buy (New York time), RISK indicator (75% accurate or 96% accurate))
-RSI - Relative Strength Index - RSI, A technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine overbought and oversold conditions of an asset. It is calculated
using the following formula: RSI = 100 - 100/(1 + RS), RS = Average of x days’ up closes / Average of x days’ down closes. As you can see from the chart below, the RSI ranges from 0 to 100. An asset is deemed to
be overbought once the RSI approaches the 70 level, meaning that it may be getting overvalued and is a good candidate for a pullback. Likewise, if the RSI approaches 30, it is an indication that the asset may be
getting oversold and therefore likely to become undervalued. You must download MetaTrader 4 for using RSI.
hi.
i was reading your thread and i was just wondering how you go about calculating the buy/sell zones, the targets and the percentages. my mt4 is kinda broken now so i cant compare your previous forecast to the results. but im really interested to know how you figure those stuff out. hopefully i can get my mt4 back up to test this baby…
ok good luck: cool:
First, is the recommended time of your trades based on Eastern US t5ime zones? Who are you? How long have you been trading forex? How have your previous predictions turned out in real trading?
I think it would be well appreciated if you broke down your reasons for the trade and showed us how you calculate some of those number ie the condition that make the time zone a 75% or a 96% and how you find the pt points.
I have not been able to examine the trades you posted in detail but will certainly be looking at it a little later.
Hi traders all RISK indicator and trade zones is calculated by IntradayLeague . com
I am their client, all rules you can see at their website - if you want - you can ask them some questions. Thanks.
wow…that pretty impressive…
but i dont think i can ever do that… hehe…i so afraid of getting a margin call… :eek: …however the system does look interesting…going to test it once my system works again…
good luck