Here is my 4h euro chart as an example of other methods. I have used Elliot waves there. Expecting a bounce / turn near 1.312
Sorry about the interruption Cube, you seem to have a nice little debate going on...
BR, Rocroy
Please suggest a simple & effective Method/System of "Trading System" Forum to newbie 180 replies
The System Behind the System, by Merlin Jeffries 16 replies
200 Ema system - help me build a system ! 19 replies
Knife system, Vegas 4h system related questions. 4 replies
Would you trade this system? New system #2. 10 replies
DislikedYep, but when price is trending oscillators like cci or stochs are quite useless. They are all the time proposing counter trend trades - not good. You need other strategies to make pips during trends.
Here is my 4h euro chart as an example of other methods. I have used Elliot waves there. Expecting a bounce / turn near 1.312
Sorry about the interruption Cube, you seem to have a nice little debate going on...
BR, Rocroy
AttachmentIgnored
DislikedI don't have muche time in these days for a discussion or make any educational comments but here and there I publish some of my trading aspects and make a link, like #791.Ignored
DislikedForexcube
How do we manage the initial stop loss when we place the trade ? So far I read the 12 step.
I took the same trade as you did #795 , but put a stop at 1.29700 and got stopped out . Can you advise what you did on this trade as far as stop loss goes ?
Excellent thread , I didnt realise how significant the CCI can be .Ignored