Hi Lili
GL with your trade!
make sure to lock profit @BE once gain 20pips.
I see only 20pips to ADR & Yesterday's low & 4H S/R
but it has over 50pips to Day, Week & Monthly S/R & 4H 200ema
anyway lets c
GL mate!
imdi
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Dislikedsell usdcad +30pips buy eurjpy +46pips good for today! Hope everyone green pips today!Ignored
Disliked{quote} Looks promising though not sure if need to consider Support & Resistance since it's not part of the rule . Does not look like a major Support area to me. Mehdi343, what are your thoughts on this?Ignored
QuoteDislikedI think you mean the blue and purple one?
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Disliked{quote} yes i agree market does what it does- you can take all the percussion's - take into account all the support and resistance points - watch for red news - daily range and so on before pulling the trigger but still market may goes against you so what i do is try to find the best signals on 4h chart and take as many as i can - with break even at 20 pip - stop loss at -50 and take profit at +50 i back-tested this strategy for10 week - it was a winner in all those 10 week- of course it was a back- test - lets see if this strategy could withhold...Ignored
Disliked{quote} Thanks Lilizen and noted the S/R. By the way, what is the best approach in looking for the best signals? Do you organize your currency pairs into small windows on the screen so it's easier at one glance? I kept missing out on my trade. By the time I see a chart posted in the forum, it's too late to enter. {image}Ignored
Disliked{quote} Thanks Lilizen and noted the S/R. By the way, what is the best approach in looking for the best signals? Do you organize your currency pairs into small windows on the screen so it's easier at one glance? I kept missing out on my trade. By the time I see a chart posted in the forum, it's too late to enter. {image}Ignored
Disliked{quote} Why not use Sevan62's indicator on post #4202. You'll get an alert when a signal appears on any of the 28 pairs and it's then just a question of applying basic Forex stuff (S/R, trend etc.) to decide if you are going to take the trade. Far better to learn how to enter your own trades instead of trying to copy others as every trader sees things differently.Ignored
Disliked{quote} It would be good if you post your charts so we can learn where your entries are. Was it on a H1 TF? I missed it.Ignored