Buy Sell Zone on FOREX

[4x=0]

those winning solutions guys are not risking 10%. they are risking 3%!

what else are they lying about?

[Randolermo]

TRO et al,

has anyone tried to develop an EA(Expert Advisor) on a MT4 platform for the Buy Sell Zone for the Forex?

Rando

[TheRumpledOne]

I haven't and don't plan to.

[Randolermo]

I haven't and don't plan to.

TRO, thanks

I'd like to give it a shot unless you think it is a waste of time for some reason I am not aware.

Let me know...Rando

[zhkzhk]

TRO et al,

has anyone tried to develop an EA(Expert Advisor) on a MT4 platform for the Buy Sell Zone for the Forex?

Rando

Hi Traders:

I am new, just joined. I live in CST so what is LONDON OPEN time for me?

Secondly I am trying to understand the trade setup:
This is how I see it: if incorrect please correct.

Lets say LOndon Open was as far as I can see:
high = 1.4863 low = 1.4863

So do I go long @ 1.4866 and 1.4867 please correct if incorrect

short @ 1.4850 and 1.4849

offcourse if candles are green or red, and @ close

And then take 6 pips profit?

What is the stopp loss pips?

Appreciate if someone could comment on my understanding.

Thanks
Zarir

[Patch]

zhkzhk

Welcome to the single best FX site on the web.

I live in VA in EST which is GMT -5

So I believe you are EMT -6. You are in Chicago or Texas or some where like that. jb

[TheRumpledOne]

http://www.forexmarkethours.com/

[BP]

TRO (or any others)

I am looking for something to help me get between 10-20 pips a day in forex. Is the buy sell zone the best way? Right now I use a couple other strategies as well, but I am trying to have a good portfolio of systems.

I really value Avery's advice as well as others here. Please let me know your opinions.

Thanks,

BP

[whittakerj]

I've been attempting to trade the buyzone for the past couple of weeks. I've been finding that I'm getting whipsawed a lot. I know Avery said to put the dynamic fibs sr to help get a clearer pictures. I've attached an example of my whipsawed trade. I'm curious if someone can evaluate and let me know if there is a reason to stay out of the trade, etc.

[TheRumpledOne]

I am making the ASSUMPTION, you went LONG.

It's easy to see AFTER the fact the you bought at/near DYNAMIC RESISTANCE!

But then again, you could have seen that by looking at how close the price was to the red dot.

Also, look at how far the price had moved up from DYNAMIC SUPPORT... about 60 pips... buyers got tired.

On the 5 minute chart, same thing.