TechNurse.Net

All Things Technical

Well another week using The Fractal Indicator which gives some sense of what the market is doing.  It isn’t as clear and obvious as to when to place a trade, there are very important rules that you need to follow.  On top of that, I’ve noticed that sometimes trade arrow indicators will disappear which doesn’t install confidence.  On the good side, I like the xmeter that gives you an overall impression on how the market currencies are doing.  Although it’s unclear to me what time frame it’s reviewing and how it determines it, ie. based only on the charts you have open?  Of course these are just my observations, I could be wrong. Attached though is what I created as a flow process for opening up a trade for using this indicator.  As you will note, it’s alot to decide, but after understanding, you can make your decisions quickly.  If you deviate though, like I did at times, you risk your money.

I received the Triad Package finally after almost 3 weeks.  Logged onto the members only website and was very impressed on the organization and information posted.  Loaded the indicators, theory seems almost too simple.  This has very high potential.  We’ll see though.  I will update this as I learn more.  Still have to review the videos.  Here’s a sneak preview of Triad’s Indicators and how to setup trades in less than 10 minutes.

The downside, this week I took a very large hit and am now down to ~$700 profit, which will take alot of time to recover without investing additional funds.

The Beta EA labeled Trading From Home did great in the beginning of the week turning 1500 to almost 2500.  Because this was just a beta, it could only manage sells, not buys, so when the market direction changed, the account went down to $4.00.  Yep that’s $4.00 so luckly it was only a demo account.  The theory is sound, just waiting for the new Beta release to try more testing which will do both sell and buy to hopefully address this type of market move.