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  1. M

    BollingerBands

    Ok Mr Colombus The system is not good for forex but i looked at the dax ftse on 1hour charts and the results are fabulous please do have a look, not good for grazing but for piercing they are very profitable, After much thought i think it best to place your stop at the low or high of either...
  2. M

    BollingerBands

    Dear Mr coloumbus sir I hope you are well, have you ever tried using this system on forex pairs, i will back test this weekend and update you with my findings. Thanks again
  3. M

    BollingerBands

    Also what defines a confirmation please could you let me know as i'm trying to keep to exact rule of the system i too am using 4.6 min thanks again
  4. M

    BollingerBands

    Dear Coloumnus and friends, I mentioned i have been using this system on the FTSE/DAX and it has not been fantastic but has not been a looser overall a net winner but only small, but having read this post and seen the 15min confirmation rule this seems to be the missing piece of the puzzle...
  5. M

    Pride's Intra-Day Strategy [Profit Everyday]

    Thanks Ashishi, I will keep you posted i am still modify this system to suit the ftse and DAX . Once again thanks for youe kind words have agreat trading week. Talk to you soon. Regards MDS
  6. M

    Pride's Intra-Day Strategy [Profit Everyday]

    Dear sir thanks for the reply I have had no experience with the nifty as i live in UK and when you guys are trading i am sleeping. I trade DAX and FTSE this method does seem to work on FTSE just always wants to scare you before breaking in the direction you want, i just wondered if the...
  7. M

    Pride's Intra-Day Strategy [Profit Everyday]

    Dear Mr Pride and fellow esperts of this thread, I trade the ftse as i am a UK based Indian and i am looking at using this wonderful sytem, although after a few days of observing i have 1 small problem: I do as Mr Pride intructs and satisfy all his rules but find when trading the ftse...
  8. M

    BollingerBands

    Mr Coloumbus sir, you are a great chap, it is much appreciated, can i ask why at around 9:30 and 9:50 thesE are not piercing and also at 10am to the long side.There are many other occasions that look like piercing also after 10am. It is interesting that you high light the first two and not the...
  9. M

    BollingerBands

    Thanks columbus can i ask a big favour so that i can see your piercing and grazing patterns, could you please post some charts of the ftse 3min or 5 min and draw your circles where you would have traded today. Obviously i know i am asking alot so if its not possible no problem, Once again...
  10. M

    BollingerBands

    Dear Mr Coloumbus Thanks for the info you are a star! Having now looked at a 5 min time frame for the ftse it seems that that may be best although i do only get 1 min and 5 min time frames nothing in between, do you think a 3/4/6 min are useful? and be better suited to your style i will try...
  11. M

    BollingerBands

    Mr Coloumbus thanks for the reply thats great info. Are there any other factors you look for before entering a trade i.e. do you wait till bands are tight when looking for grazing and then when bottom and top band expand then you look to enter a grazing trade? Also what do you look for...
  12. M

    BollingerBands

    Thankyou for your kind reply's it is much appreciated. Mr Columbus am i correct in thinking that Grazing could be defined as two candles of the same colour and entry for both piercing and grazing is done on the thrid candle? Also on the third candle do you wait for a slight retrace into the...
  13. M

    BollingerBands

    Dear Coloumbus & Bandlab2, Thankyou for your prompt reply's and help they are great, Mr Coloumbus sir am i correct in thinking that if Piercing is 2 diffrent candles then grazing is defined by two candles of the same colour?? Also when seeing piercing/grazing occur do you wait for the...
  14. M

    BollingerBands

    Dear Mr Colombus I have enjoyed reading this thread and seeing your charts which are very helpful, i am an indian based in the UK and would love to adopt your system for trading the FTSE, but i struggle to understand how you can differentiate between Grazing and piercing, this system works well...