Watch this: http://www.compassfx.com/video/flash/22108/22108.html
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DislikedIt depends on the feed you follow, on my MBT platform we have a long cross, on alpari still short. But look at the candles that forms, weak candles.
Watch this: http://www.compassfx.com/video/flash/22108/22108.htmlIgnored
DislikedHello everyone, just new here, looks like a great method, but seems some confusion over entry candles; why not enter by PRICE and not by candle number, some pictures to show
First, find cross-over signal on 4-Hour chart, place vertical line on the candle next to it, when the signal candle is CLOSED - I like to call this candle, with the arrow, "0"
Draw a horizontal line at the LOW of Candle ZERO, are you with me?Ignored
DislikedI am with you, alkenany! Shorted E/U on 4HR in the beginning of the 3rd candle at 1.4420, bailed out with 60 pips just right before news on EU industrial production. Looking back could've made more just by trailing with a tight stop. But I am happy with 60 pips too!Ignored
DislikedSince today i only trade the 4h tf and i feel much more confidence. Less noise on the charts en more time to make a descision.
I am very conservative with my risk, make around 2% so far today.Ignored
DislikedIt is good you have courage to trade 4 H Time frame. Presently I am sticking with Onn Hour. Hope to see your results and then I intend to follow to reduce tension???
arasheedIgnored