Super Simple System for Scalping 178 replies
Please suggest a simple & effective Method/System of "Trading System" Forum to newbie 180 replies
Super Simple System 314 replies
Another great Breakout GBP/JPY System (Dachel's Simple system) 62 replies
DislikedWhat I understand is when NY opens, if its a strong candle, then use your forex knowledge to enter the trade. If its not a strong candle, then wait for the close of that candle, and enter on 2nd candle. I for one am waiting until the top of the hour to enter, or not enter if it is not a strong indication. Looks to me like my entry will be long, HOWEVER, I await the candle close to confirm.
Hope that helps
Leona
[=f3iyun;5173023]are you saying that we should monitor the current H1 candle first and trade on the next...Ignored
DislikedX-Man,
I have a question.
What happens when TDI crosses above the blue line? We can only use the 4H Swing trade method when TDI reaches the blue line but does not cross it?
Thank you very much.Ignored
DislikedOkay Leona and Raa! Thank you very much for the detailed explanation. I just wish to clarify another matter. Even if we see a bull candle nw, shouldn't we wait for green TDI to cross above red TDI before making an entry? If we are suppose to wait for green tdi to cross above red tdi, the entry should be based on the next H1 candle?
Sorry for posing so many questions =(Ignored
DislikedLeona, thanks. This is clear. But with reference to 4H swing trade method what?Ignored
DislikedDon't be sorry for your questions, our answering them cements the strategy within us, or causes us to rethink -- its all good.
As for the question, I am unsure of what you are asking.
If a candle that is forming appears to be bull, wait for the candle close to confirm it -- and yes, use TDI.
Hope that helps
LeonaIgnored
DislikedNY open candle already formed with long body bull... so it means, buyer win??
so is it the right time for open long??Ignored