DislikedIt looked like the move slowed down so I just took my profit, probably will keep going but I made 270 pips in 45 min so I can't complainIgnored
Monitor for 'Trading Made Simple' system 549 replies
Indicators for the 'Trading Made Simple' system 339 replies
DislikedClosed the other half as well, Total of 175 pips on 2 trades for me. Congrats on your pips!Ignored
DislikedJUSIUR - may I ask which ATR are you using for? could you post an chart with it please?
DislikedCongrats on your pips too. Looks like 2 of the 4 I was in are pulling back so got out almost at the top. News can really help out a trade sometimes.
Might keep going up but I got my pips
Are you trading 1HR bars or 4HR bars?Ignored
If you are trading the H4 and want really check a higher time frame( which I never do), check the weekly, not the daily. daily does not give a good indication for H4.Ignored
DislikedYeah me too, I was just in time on my exit on gbpchf long, it dropped >20 pips right after. Could go back up indeed and I could have stayed in my usdcad short a little longer, but who cares right.
I only trade H4 bars, but with moves like this I drop down to M15 to manage my trade and get out at the top before the retrace. I work from home and live in Holland (london time) so I have that luxury.Ignored
DislikedSo do your 4HR bars start at 8am EST like mine (which is how I was in 15min before the move)?
This is the first time I've dropped down to the M15 timeframe to manage a trade and it worked pretty good. After a move like that I'd feel so bad to give back pipsIgnored
DislikedHere is a copy of my chart. ATR is next to the TDI data in the Indicator Window. The is the standard ATR that comes with MT4 set to 7 period and color to "None" dragged on top of the TDI indicator.
JUSIUR - thanks for the upload instructions!Ignored