What The Trade Configuration Means? - Forex Forum

What the Trade configuration means?
Ex: (1 Speculative -> 4 Trend following): 1
(1 Speculative -> 4 Trend following): 2
(1 Speculative -> 4 Trend following): 3
(1 Speculative -> 4 Trend following): 4

what is the diference between 1 and 4 ?

Hello everybody!

I am new on this forum and I have a question concerning the technical analisys:
What the Trade Configuration means?
For example:
EURUSD......Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.
In the above case, what the number 4 means?

what is the diference between 1 and 4 ?

Thanks in advance.

mrdays

1. speculative + : I play a reversal figure. Most of time it's a trade in a range.
2. speculative - : I just have the beginning of a trend without confirmation.
3. trend following - : I follow a trend.
4. trend following + : I have a daily, 4 hours and hourly trend. And I follow it.

(1 Speculative -> 4 Trend following): 1
Dear Admin, still not clear, what teh above means, and what exactly should a user who gets the signal sdo with the above information. Please could you explain. Many thanks.

1 and 2 : I have no trend. I usually play a reversal figure. But I'm a trend follower and I often loose with reversal figures.

3 and 4 : I just follow the trend.

thanks for the reply. Am I right is assuming that 'higher the number (in the scale of 1 to 4) the better)??

also, i have a cople of more questions:
1) does your signals corporate day to day changes in the news- example. america's recent interest rate cuts etc..
Apart from the above, is there any other ways in which a user can sort your signals in the order of 'risk'?

2) Your morning signals are updated usually at 6.30am GMT, but your afternoon signals are updated from 12:00 to 15:00- is it possible to get automated emails when these signals are updated?

3) I tired to blindly follow your signals- gained some lost some. However, I believe in your forecasts. You advised not to follow your trends blindly. For a new traderlike me, what else would you recommond?

Yes. but only for my trading system. Some other traders prefers to trade in a range.


I rarely read the news. I have never successed in trading the news. I prefer concentrate on pure technical analysis.
The risk can be evaluated by the reward/risk ratio or you can validate with other technical or fundamental analysts


yes, you have a form here : http://www.mataf.net/en/forex/analysis below the list of currency pairs.


there is 2 ways
- Make your own analysis and validate with other analysts.
- Read the technical analysis and find why the analyst take his decision