Hit and Run Strategy

Nice video once again Fiddy,have you abandoned using the nonlag dot indicator and solely using the pricechannel signal indicator now?

Both Indicators are Fine. The only difference is one is faster and one is slower. You can pick which one you prefer. I will say I prefer not getting faked out too quick. So I like the slower one. But again it's just preference.

Daily + 4 Hour + 1 Hour All Agree

30 MIN USD/JPY

Yen Futures 6J = Opposite USD/JPY

Here you go...

Thank you for this wonderful trading idea. Doing my own backtesting now

It takes a lot of practice and study. Have fun!

USD/JPY 1 HOUR

GBP/USD 30 MIN

thank you

usdjpy tp2 is 114.2?
is this setup still valid?

Thanks Fiddy,

Anywhere in the shaded area (red,purple) that is the entry zone idea. AS LONG AS, the dot remains blue (bullish). Once it turned red, it is no longer a valid entry. However, if you already bought it before the red dot, then it's a question of how you manage the trade. Obviously this is unique for everyone.

So, to answer the question is target 2 still valid. My answer would be targets are always valid until the market proves otherwise. On this chart, if you bought it before the red dot, once it broke the low it was invalid. If you missed the buy and were looking at the chart now it is obviously invalid. Because this chart was based on a higher time frame, on the lower time frame you don't have to "necessarily" change the trade idea (the dots changing color), because you know this trade was based on a UP Daily and UP 4 Hour and UP 1Hour.

Hopefully that makes sense.

Here USD/JPY has rotated to bearish on the 4H & 1H (shaded pink area), even though the daily is pointing up (green background). Many times this is a good countertrend setup. This example is a 15 Min entry chart setup by 4H & 1H.

Great Example Of Daily Chart Setting Up EUR/USD
How can we participate in this?
Where are the setups on the lower time frames?
How can this setup going forward?

Check out USDCHF

Post a chart please. What are you seeing?

Is it a valid trade?

Took this trade a bit ago without the price channel