What The Trade Configuration Means? - Forex Forum

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> What The Trade Configuration Means?
mrdays
post Sep 10 2008, 8:10
Post


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 ?
mrdays
post Sep 11 2008, 8:02
Post


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
Arnaud
post Sep 12 2008, 7:23
Post


  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.
wes2706
post Dec 16 2008, 13:50
Post


(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.
Arnaud
post Dec 16 2008, 21:53
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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.
wes2706
post Dec 17 2008, 1:42
Post


QUOTE (Arnaud Jeulin @ Dec 16 2008, 21:53) *
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?
Arnaud
post Dec 17 2008, 8:36
Post


QUOTE (wes2706 @ Dec 17 2008, 1:42) *
thanks for the reply. Am I right is assuming that 'higher the number (in the scale of 1 to 4) the better)??

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

QUOTE (wes2706 @ Dec 17 2008, 1:42) *
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'?

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

QUOTE (wes2706 @ Dec 17 2008, 1:42) *
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?

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

QUOTE (wes2706 @ Dec 17 2008, 1:42) *
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?

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
Ifee
post Jan 21 2009, 16:46
Post


Dear Arnaud,
It might be a stupid question but please let me know how the following will be translated into plain English:

Trade configuration (1 Speculative -> 4 Trend following): 3

Sorry for inconvenience.I am switching to real account from tomorrow therefore want to interpret things correctly.

Thanks in advance.
Arnaud
post Jan 21 2009, 16:59
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I could say: it's a trend following trade
if the trend configuration = 4: It's a perfect trend following trade
Ifee
post Jan 21 2009, 18:08
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Thank you sooooooooo much.
I will be highly obliged if you can explain the difference between the digits on the right handside and on the left hand side of the equation and how to interpret these figures.
Regards

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