Guys, which is the best template to you with 1m 5m TF on GBPJPY.
DislikedEntry for a short is
Oan signal dictated by his arrows
My colour stoch is green indicating OB ( over 80)
Average candle showing +0.81 or greater
Enter with 10 secs to go in candle
Short 1 contract on 1st red vertical line target is Blue COG line
Price moved up so did signal to next COG line
candle average ok
Short 1 more contract
Target is same TP as 1st contract
Red solid line is last entry for short but very rarley gets there.
Visa versa for longs
When i dont go short........... if price is below Blue COF line
Dislikedema(8), ema(21), ema(34), ema(55),
sma(89), sma(144), sma(200),
Thread 4H Market Rhythm from Phillip Nel
DislikedHi Oan, just want u to know that I been testing your method and its no surprise it work.Still a long way to go.One thing that I learn from this tread and this method is how to be patient.I won't rule that out to be successful and maybe it is one of the key element we must add to the holy grail equation.
Thanks Oan and guys like paulus,adros84 and behof and eTrader for showing the way.keep up the good work.
to etrader thanks for the response and I will fully utilise the emas you use.Thanks mate.
Oan you r the MAN.
DislikedWhat condition is on teh timer indicator, this une I don't understan, please help me on thisIgnored
great results! Can you please share which template you use (and if possible attache it again as there are many templates in this forum) and also elaborate on you entry and more important exit in terms of profit and stop. As I saw you have good exit strategy especiallyin terms of stops.
I had some success with this strategy but I faild in terms of setting the right stops.
Thanks inn advance,
DislikedAnd here is the gbp/jpy minutes later. This is why you would not want to try this currency when you first begin.Ignored
DislikedGrypon is that the obama template or the new one for GBPJPYIgnored