Have to look harder, squeeze them for more money,keep scanning keep scanning.All pairs as long as the movement is there to make the spread.Up the hill.....everyone up the hill!!
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DislikedMtf stoch stepping down and coming in off overbought conditions for the momentum trade/Held open for sometime but eventually closed for 35 + positive.Ignored
Dislikedi'd like to ask again and boy2boy asks the same question. how do you determine your entry at the candle you marked with the red vertikal line.
you will see in my picture that the real entry would be on the open of the next candle later with the blue line i marked.
everyone say that sticking to the rules is important. esspecially for newbies it is important to show real entries. if you mostly perfect in reading the market so you don't need the retracement indicator, which is in its simplest form the CCI(8).
Cheers
MediatorIgnored
Disliked******************good work********************************
I saw that when it came out of consolidation.Good move you should be approaching 20+ pips now.Ignored
Dislikedcanceled the short order as it never got triggered.. its looking bullish on the original trade... now looking for some British love for a up burst.. lol
nice job on the e/u Kevin.. i hope you took the +10..Ignored
DislikedP.Dean,
Get the money and go on to the next trade.
The type of trade that you hold is a pullback reversal.
1)you see how the mtf stoch is stepping up.
2)Price pulled back to oversold
3)price sling shot to the top
reverse conditions for short hold conditions
This is a momentum trade as trend is up and market pulled back to oversold but 60m mtf stoch says trend is still up.You take the next bull bar and hold.
Thats how you make most of your money for the day.
This is the safest and easiest way to trade this system.You will only get a few trades...Ignored
DislikedDean,
You should have waited till the British ir announcement in one hour time. I never trade before major events . Did you see what happened to the kiwi today ... this is why I expect the same panic with the Lanister's
TIgnored