e-myswissbank (my forex dumpster)

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Archive for September, 2006

Better but far from perfect – Part 1

Posted by myswissbank2u on September 29, 2006

Salam guys,

For those of you who have been waiting for updates.. sorry to keep you all waiting. After a while experimenting and again experimenting with my Myswissbank Setup, I think I finally achieve SOME consistency hehehe..

I have been tweaking the indicators setup and there are some changes and improvements made in the setting.

First and foremost, I learn to rely more on the bigger timeframe H4 and MurrayMath lines. That said, the way I read the chart, I prefer to wait until the price action are on the upper section of MurrayMath line [7/8]p to [+2/8]p before I consider to place short position and look out for market price to linger in the lower section [1/8]p to [-2/8]p before I consider a long position.

A cross of the AlaskanPipsModAsassin , JADX direction change and hint from StepMA about the trend change will confirm the entry.

Also I discard the usage of StopReversal signalling indicator and replace it with SHI_SilverTrendSig that works better with my setup.

All right, I think that’s it for now… watch out for part 2 of this post.
I’m gonna throw the updates indicator package, somescreenshots and perhaps some updated rules in the next post.

Till then, happy trading.

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