Subscribed, Great thread, thx to all for the info.
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Dislikedhttp://i45.tinypic.com/11tvtdl.jpg
The rest of Sam's vids are here:
http://www.fxstreet.com/search/contr...1-e9bf77216d2fIgnored
DislikedHi Guys. I have read through this thread twice and I am still not sure with WMD's strategy where to enter the market. I understand the support and resistance as well as the hook formation but cant figure out where I must set my entry? Is it when a resistance becomes support and the support is retested (Put order in at the support price) or is it at the tip of the hook when price starts moving away with an untested support. ? Your help will be greatly appreciated. Thanks.Ignored
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I want to trade this method, so I'm confused. I have a day job (I actually like it, it just doesn't pay enough), so I'm wondering "what timeframe should I use"? Whatever it is, I'm going the "zoom out" method.Ignored
DislikedSorry i couldn't update earlier, i'm not really a multi-tasker (Windows 7 was not my idea).
I stumbled accross the trade while flicking through the charts so couldn't give much notice.
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DislikedI only concentrate on a hand full of pairs and trade every setup i find. I'll give preference to something visible on the hourly against something visible on the 5 min tf.
As far as mm goes, i'm not really in to trading %'s. I'm more of a pip counter, so i take the same lot size everytime and see how far i can go with it.Ignored