Hi everyone,
Thanks very much for starting this thread capito, and thanks for all your contributions guys.
So, I am hoping to get a few clarifications on the way you guys are scalping with this. Do you first wait for the particular index to have all the same color arrows with all green numbers, and then wait for the same thing on a particular pair?
Example: GBPLFX goes all red arrows and all green numbers. Then I wait for a GBP--- pair to do the same thing and look for trend confirmation with 30min MACD or similar indicator? is this correct? or do you just look for the index to be lined up and then just pic the best pair to trade based on 30 min MACD/other indicators?
Also, do you wait for the 1hr/4hr/daily candle closes? or does the close not matter?
Thank you very much for your time!
-f4e-
Thanks very much for starting this thread capito, and thanks for all your contributions guys.
So, I am hoping to get a few clarifications on the way you guys are scalping with this. Do you first wait for the particular index to have all the same color arrows with all green numbers, and then wait for the same thing on a particular pair?
Example: GBPLFX goes all red arrows and all green numbers. Then I wait for a GBP--- pair to do the same thing and look for trend confirmation with 30min MACD or similar indicator? is this correct? or do you just look for the index to be lined up and then just pic the best pair to trade based on 30 min MACD/other indicators?
Also, do you wait for the 1hr/4hr/daily candle closes? or does the close not matter?
Thank you very much for your time!
-f4e-