I didn't set a pending sell on that one, because when I drew my trend lines, the trend of the last few hours seemed to be up. The buy trigger at the top was just on the 89 so I set the pending buy just above, and it is still going.
I didn't set a pending sell on that one, because when I drew my trend lines, the trend of the last few hours seemed to be up. The buy trigger at the top was just on the 89 so I set the pending buy just above, and it is still going.
Ignored
Lyn, please show me your trendline for usd/cad
thanks
Lyn, please show me your trendline for usd/cad
thanks
Ignored
As well as different trend lines that I have on other charts (daily, 4hr etc) I usually draw the last 2 or so hours just to see the immediate trend, whether this is right or wrong, I'm not sure. I don't use this as a line that might get hit, more as a direction.
As well as different trend lines that I have on other charts (daily, 4hr etc) I usually draw the last 2 or so hours just to see the immediate trend, whether this is right or wrong, I'm not sure. I don't use this as a line that might get hit, more as a direction.
I should also mention though, that if you look back over the charts, if one of the triggers gets stopped out with momentum behind it, it usually pays to trigger the opposite trade, from what I have been noticing, not always of course and its best to trade as you see it at the time.
Some of the best trades I've had though have been just over or just under the 89.
This is not the only way I trade, you guys just stick to the rules until you get a better handle on this stuff. Sonic is using CCE and that is no problem as long as he keeps it to himself. And as for the 4 Hour, if your trading the 4 hr, then why are you in here. You are just going to piss everyone off. I could care less ole buddy, what ime frame you trade, but if it isn't the one we are on then dont bring it up in here.
