Thanks Div. Is it advisable to get in an hour prior to news release as was the case in the last trade?
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Dislikedany of you guys putting these trades on in the eurusd that i am posting they are simple setups as long as you know what direction you are going then its just wait for pullback and find trigger barIgnored
Dislikedyes, i do. if we get a trigger, and the next candle doesnt get you into the trade, as long as candle is within 2 pips of sma and cci is still closed above 50, you have 1 more shot. if that one doent take you in, you have no trade, and you wait till cci goes back into the middle or oppostie side of 50 levels, and wait for a new signal. we r looking for momentum to accure. if not, stay out.Ignored
Dislikedhi, div,
I am backtesting your strategy.
would you please explain why the following two trades are failed?
is that because we should only enter a trade in the next two bars after the trigger bar?
and also, if we can't enter in the first bar, and need to enter in the second bar, the low of the first bar(for long) should be within 2 pips of sma10 and the first bar's cci>50?
am I right?Ignored