Confidence indicator



redstar = No clear confidence, a bit negative.
redstarredstar= Not confident but could show strengh in the other way.
redstarredstarredstar= Not confident at all.
redstarredstarredstarredstar = Avoid that trade.

= No clear confidence but a bit positive.
greenstargreenstar = Confident even if a pullback remains possible.
greenstargreenstargreenstar = Confident.
greenstargreenstargreenstargreenstar= Very confident.



Results when indicator equal or greater than greenstargreenstar=+653 pips
(since 27th Feb 2008 : 3 trades)

(*) = Stop moved on breakeven - refined position.
(**) = Updated

lundi 12 mai 2008

Monday 12th May 2008

The nzd/usd trade is finally closed on taking profit : +449 pips.
Unfortunately we have not many recommendations with such a good confidence level..3 trades since end February;..it's not a lot...
Through our official website http://www.tradercafe.net you can receive these recommendations by email (if at least two green stars) but no trades were issued at that level since 20th March...
We are still looking for new quality sources to add our confidence level..feel free to suggest through our website.

Happy pips!









SourceTime(GMT)RecommendationIndicatorResults
LO12th May 01:10PMLimit Short EUR/USD
@1.5495 SL 1.5525
TP 1.5300		Neutral
-30
Old open positions...
DF20th March 01:30PMLimit Short NZD/USD
@0.8049 SL 0.8180 (0.8049*)
TP 0.7600		 green_stargreen_star+449
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