[Wingstar]

Originally Posted by forexwolf

Thanks wingstar. I have more questions sorry because i dont have the details of ur trade i have to code precisely and ensure that i am doing correct.
Can you explain the following :

Do not take this trade again in the same direction. If the market has already moved 80 – 100 pips, it is probably done for the day.

Starting from the beginning of the european trading (2am EST) if the move was more than 80 pips and you see the separation begin again and you are still 80 pips away from the 2am start, it would be wise not to take the trade again in the same direction because the market is probably done for the day with its big move,however; if it retraces, say, 40 pips, then begins in the same direction, it would be ok to trade again.
when do u could the 80 pips is it from 6 GMT or from the time n price u entered the first trade(when diff became > 8)

Start counting your 80 pips from the beginning of the eruopean session


Do not take this trade immediately in the opposite direction. If the ema lines close for an hour or so then re-open in the opposite direction it is ok to go again.

I got this wrong in the first post, do not take this trade in the opposite direction at any time during the same trading day (european and New York combined)

Can u show some chart to explain this or give more details. I am sorry i may sound novice but i can program well provided i get the requirements clear.

Thanks and best regards,
Forexwolf

If you have traded this setup before, please post your rules.