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 19 mai 2008

Monday 19th May 2008










SourceTime(GMT)RecommendationIndicatorResults

EW16th May 04:30pmLimit Short EUR/GBP
@0.7960 SL 0.8015
TP 0.7660
green_stargreen_star
-55
EW16th May 04:30pmLimit Long USD/CAD
@0.9955 SL 0.9705
TP above 1.0320
green_star
Open
LO19th May 10:20amLimit Long EUR/USD
@1.5530 SL 1.5480
TP 1.5670
Neutral
+140