DislikedHi Bryn... yeah I was on nakedforex but nobody seemed interested, so I dropped it...
mmmm... Im really not an expert on the market as such, so would feel wrong advising you. I'm more of a pattern recognition guy really... I think you want to go and check out no brainer trades .com... he seems to know about that sort of thing...
What I will say is, if price is in the right location, i.e the right price, it doesn't matter what time of day or day of the week it is..Ignored
Yeah, the guys at NFN can be pretty exclusive and like to keep indicators to a real minimum. I trade ideas with them sometimes but don't really fit in. Some pretty smart traders tho.
I like to focus on trend continuation trades, too, like your buy/sell line big shadow method. I was wondering if you have ever used the ADX indicator and if you have any thoughts on it? I really like the ADX... I set it up really high (50+). And, when I get strong signals...I feel really good about getting into trades on pullbacks.
I guess I am just asking if you have used it and whether you think it can be effective? I've attached a sample chart of a fairly clean trend...you can see the strong signal the ADX (50) gives when the red/green lines spread far apart. It is a very basic indicator.
thanks 60mm...take care
Bryan