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Replies to #189 on Currency Chat
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SherriT

05/14/09 6:06 PM

#191 RE: gitonwithit #189

I am not being that precise with it....I am looking for the first cross of the upper band + IFT >= 0.75 for a short (or to close a long) and vice-versa.

Right now, I just want positive pips with minimal losses....and little or no drawdown.
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SherriT

05/14/09 6:54 PM

#193 RE: gitonwithit #189

You were right, though, the curvature is definately a factor, because if it continues to curve up and you are short, you will end up closing for a loss....(or vice-versa). Maybe we take into account the delta between bars to see how steep it is becoming, etc.