had missed some trades
was busy
now waiting for new formations
was busy
now waiting for new formations
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DislikedMokone...am using the RSI settings you gave me on the ej and eu
But i noticed that it works perfectly only when the trend is in a ranging market and maximum you can get is 30 pips unless its in the direction of the daily or 4hr chart. What do you say?
Is it only good for entry positions??Ignored
DislikedNothings that easy in trading.
I use 15min and 30min charts WITH fibonacci-channels to determine the entry and exit points. Also 5min chart to get a confirmation and a better entry/exit point.
If I see a channel-line touch on 15 or 30 min chart but 5min chart for example has bull/bear div or RSI is not oversold/overbought i will not exit, but let it ride. They can be 30-70-100-200 pips. It all depends on what the chart says at that moment - is it time to exit and reverse the trade or re-enter from lower levels etc.
So it is a combination...Ignored
Dislikedok i get it now...I have been test running it on my demo...
Made about 321pips only last week picking tops and bottom on ej with a sl of 30pips per trade.
The only times my sl was hit was when the market was moving in a certain direction and i entered for a possible retrace without considering other things. But anyways thanks for clearing the air. I think am more poised for more pips.Ignored
Dislikedwatch out guys, in this week must hit 1.312 before sharp down ! ...good luck everybody !Ignored
Dislikedwatch out guys, in this week must hit 1.312 before sharp down ! ...good luck everybody !Ignored