I accidently found CD thread about three days ago and followed through from page one to the last including this thread.
I was so amazed how you guys cooperated to come up with great setups.
Today i modified a little and put on the test. Gained 50pips with three trade.
I've been using rsi and macd with divergence concept. of course, i study daily, 4hr, 1hr, 30min chart first where it may be heading on that day.
then i went into 5min chart and trade on the pivot points such as 21, 50, 89, 200 lines. watching for pull backs and enter accordingly.
it's been successful, but it was making me tired.
but this thread is giving me better idea. i will put this into test for a week and share all my ideas with you guys. i believe in "give and take", you know.
thanks,
I was so amazed how you guys cooperated to come up with great setups.
Today i modified a little and put on the test. Gained 50pips with three trade.
I've been using rsi and macd with divergence concept. of course, i study daily, 4hr, 1hr, 30min chart first where it may be heading on that day.
then i went into 5min chart and trade on the pivot points such as 21, 50, 89, 200 lines. watching for pull backs and enter accordingly.
it's been successful, but it was making me tired.
but this thread is giving me better idea. i will put this into test for a week and share all my ideas with you guys. i believe in "give and take", you know.
thanks,