DislikedAppears that AU is hesitating at the 1.0500 figure and having a tough time getting above it for now, as expectedIgnored
Divergence and hidden Divergence 122 replies
Extracting Historical Prices but only certain Candle Sticks 0 replies
The Market Explained by candle sticks and price action 124 replies
High's and Lows of Candle Sticks 7 replies
DislikedSo I moved my SL to BE and closed 1/2 already since Bernanke is speaking in 30 minutes according to FF calendar, and I don't want to lose this because of a speech so I normally moved to BE, that way I can't lose the trade. If the reaction to speech goes in my favour, it is a nice bonus thenIgnored
DislikedI will discuss entry and exit and trade management tomorrow if you guys care to readIgnored
DislikedCan you give more specifics on when you are entering your trades once the criteria are met? Do you wait for a bar to close above or below the pin or engulfing bar as confirmation or do you enter at the close of the signal bar? Where are you setting your SL/TP?
Thanks again for sharing.
ScottIgnored
DislikedEntry is a couple of pips above the high/below the low of the bar. I do not wait for another bar to confirm as the pinbar or engulfing bar is already a good enough sign for entry.
I set my SL a few pips below/above the opposite side of the candle. TP1 to be the same as SL, and TP2= 2 X SL or next support/resistance level and moving SL to BE.Ignored
Dislikedthe system is like jankone ... definitely beneficial!
basically is what I use ... the only difference is that instead of RSI use CCI
I have found over time that the simplest, most beneficial
engulynf, pinbar and divergence (rsi or cci) ... not need anything more
http://www.forexfactory.com/attachme...1&d=1332235681Ignored
DislikedCould you please share the indicators & template! like the picture you uploaded?
I'd like to try and make a trade based on oversold, overbought zig zag and Reversal Candlestick too!
thank you very much sir!Ignored
DislikedHi PurePrice,
You may want to check out Razormans Range Breaker method. It is similar to what you are doing. On the first post are several videos which you may find beneficial.
http://www.forexfactory.com/showthread.php?t=310120
All the Best
BluesteeleIgnored