would u mind posting example of charts u use for trading?
Teb:tweedle-dee System 9 replies
Teb 4MA System 4 replies
TEB simple system 42 replies
TEB trading group 28 replies
Dislikedyes - 107 pips on 7 lots![]()
Did anyone take e Cad/JPY or he Aud/JPY?
both made money!!
TEBIgnored
DislikedHey TEB, with regards to your CAD/JPY 4h chart on post #1943, the second yellow spot is a point that would define the channel because it is the second point. I would not know to buy at that point because right there at the 2nd yellow circle the channel would not have been defined as yet. How would you know to buy at that point if the channel has not been formed? Do you wait for a channel to form and then buy?
thanks.Ignored
Dislikedit had Bounce off the channel with the close of the 1st candle
We have a very strong channel in place already
- both in the 4 hour & day channel
I would have places the trade on the candle close.
SL 10 pips below the Channel!!
I almost places it last night even before the close
but.. I was tired & I had a good day
its odds right
TEBIgnored
Disliked... what serves you as the trigger for entries?
Good Question
1. Candle sticks & Tails
2. Breaks & bounces.
3. one hour Trend Line (TL)
4. I will be keeping an eye on Vol. as well
TEBIgnored
Dislikedawesome work on the EA. I will wait till I have a chance to test it out. thanks for the contribution!
Ignored