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ShezRocks's Buddy List
attila, bjenkin, EuroTraderJD, FX Wolf, Jcox, Jonas.fx, kbmoonshinex, manic.otaku, math_GB, MaxDoom, Qatari man, sachiRockz, ShezRocks, theoryx80, zobot, _BBKing_
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About ShezRocks
Age 26
Country Australia
City/Town Melbourne
Occupation Electronic Engineer
Trading Specs
Trading Experience Less than 1 year
Trading Style(s) Chartist, Fundamental, Price Action
Preferred Currencies USD, GBP, EUR, JPY, AUD, NZD
Preferred Broker(s) Admiral Markets Australia
Comments
    • Jan 23, 2013 4:59am
    ShezRocks ShezRocks
    Here a small hint to trade the 1M:
    On your 5m candlestick chart (HOPE YOU ALWAYS HAVE ONE OPEN) where you draw the tren lines fibs etc. setup a 60 LWMA and trade only long when the price is above the line and vice versa untill the trend changes crossing the 60MA line.

    Try to figure out where may be the end of the trend on historical R&S levels and don't trade close to that levels. That works well in trending market.