Thanks Daedalus, very useful information about PSAR. AC is Accelerator Oscillator by Bill Williams. Does anyone know, if it changes it’s values during the formation of a candle?
and about trades - if i take different trades on pairs that have the same quote currency - like eur/chf and usd/chf - would you consider them separate trades from the point of money managment or not? If i was for example go short on both eur/chf and usd/chf?
As far as the psar goes, its entirely possible that it will appear on a sell in the morning and then later move to a buy. Until the close of that candle nothing is decided. I mean, look at how its calculated. If price action moves down to the psar value it will flip on you…
I don’t know what AC is.
You had 3 seperate trades and a net profit of over 100 pips.
The rest I have no idea what you’re talking about.
Thanks Daedalus, very useful information about PSAR. AC is Accelerator Oscillator by Bill Williams. Does anyone know, if it changes it’s values during the formation of a candle or not?
And about trades: If i take separate trades on pairs that have one currency as the quote currency - like eur/chf and usd/chf - in the same direction, would you consider in one trade or separate trades from the point of money management?
i have somehow managed to f* up my initial post. Sorry 'bout that.
what i wanted to know was, if the PSAR dots and Accelerator Oscillator bars on, for example, a daily candle, can move their initial position. Like if a “sell” dot appears on 00:00 GMT, can it change it’s value to “buy” location during the day?
And the same for the AS bars.
turm0il, trying to improve my skills on both forex and using this forum 