adminmailfx,
The setup we look for is for entry only. Its doeant matter what the indicators do after were in a position. Once a position is established the trade is carried based on price action only. Therefore once in a position if the stochs move into any oversold/ovebought area the MAs cross or the macd flips it doesnt matter. I hope this helps and please feel free to post anymoe question you may have.
FJ
The setup we look for is for entry only. Its doeant matter what the indicators do after were in a position. Once a position is established the trade is carried based on price action only. Therefore once in a position if the stochs move into any oversold/ovebought area the MAs cross or the macd flips it doesnt matter. I hope this helps and please feel free to post anymoe question you may have.
FJ
DislikedForexJedi,
Did you enter a long position when the candles touched the lower TL
I had taken position on the second bull candle after the MA cross but exited because I think I went slightly against the rule in that stochastics were overbought - I'm still learning your system
Just wanted to clarify if I followed correctly.
Thank you for your help on this - also I take it that we will wait for it
to touch upper TL for Short move provided all other conditions are aligned
RegardsIgnored
Stacking pips since 2002