Hello folks,
happy new year
I’d like to get schaff trend cycle and few strategies related to that indicator.
thanks
I’ll find it , but is there any strategies?
Happy new year I have used it with cmsfx and was making me money. It works very good with 15min charts and a few other simple indicators like macd rsi and moving averages. I wish some one pick vt platform i would open account with them the same day
could you please tell us your strategy and the settings you use?
when I had an account with cmsfx I used schef with 20,8 to that I added EMA 8 then I also used MACD default setting EMA 20 and 8 RSI 9 with simple MA8 and also used full sch. 8,5,3. that was my setting before i trade I check different time frames first long ex daily or 8h then 4h then check the 5min and 1 min for an entry. There are some really super traders out there and we can never beat them so why not follow them :). one last thin I also study one or 2 pair only and look for a long term and short term support and resistance. I give you an en example usa/jpy the long s. and r are 82.7 and 84.5 my short frame are 83.2 and 83.99 (don’t like whole numbers) so I bought some this past Friday forget the news for a second that pair went down for a week now and it is very close to the all time low 0f 79.7
? so if I am wrong i am out when it brakes all time low but if I am right. Please this is just my opinion don’t trade base on my opinion that would be foolish do your own research. As far as me I am with FXCM and soon will change a broker again I hope somebody pick up vt trader platform.
thanks , it is good idea
I will try my best to develop it , but I need to find a powerful support and resistance places we can depend on.
As I said before the big players are good and nobody really know the true sup. and res. Just follow a pair that you like for a long time and you will see it without any indicators. please don’t trade based on my opinion but here another example. EUR/USA every time it falls to the very low 132 and even better mid 131s it is a buy every time it reach 133.75 or higher and if you could wait to 134 it is a sell. remember this is not perfect but pull a 60 min chart and look at it without any indicators do you see what I am saying. I entered a short this past Friday at 133.69 but it went against me and past 134.25? i still stayed with it and closed it today at 133.4 now it went much lower but I do not play cat and mouse with the big boys a made money. with my profit i got into USA/JPY at 81.2. I hope this help you guys again please check and make your owe decision.
I know what you mean, I’m already have two years in forex market and have my own strategies, I’ve just started to search for some thing new , like uncommon resistance and support.
During these 2 years did you make any money? And who is your broker I am looking for a good broker want to leave fxcm because of spreads.
yes, steady but few, I don’t know if it is allowed here to mention the broker.
Yes you can mention the broker name this is what this site is for to help traders help each other.