For the record, I'm with the USD today, expect decent figures
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Another great Breakout GBP/JPY System (Dachel's Simple system) 62 replies
DislikedDavlo yes here on EUR/GBP you can go short.
Be careful that the channel is steep. That means the steep channels dont hold for very long.
There might be a break to the upside that will make the channel less steep.
As we can see here that PA is just walking along the top of the channel.
With steep channels its better to get more confirmation before enteringIgnored
DislikedGreat chart Dalvo
X-Man:
What confirmations do you use? Got ideas meself, but you are the one that's employed by the market http://www.forexfactory.com/images/icons/icon10.gif A position, I hope to be in someday.Ignored
DislikedLOL
A nice confirmation i would use is that let the 4EMA get under the 60EMA to go short.
As you can see on my chart that the candles are really small here so there will be a break out soon.Ignored
DislikedAre you doing something similar to this picture? Set candle colors to NONE, drag & drop Synergy Indicator on to chart?
Hard to help with the very little detail you provide, tell us more of the problem what exactly is happening?Ignored
DislikedThese sharp drops against me like the one currently on EU make me quite nervous!Ignored
DislikedWe have a 6 hour support line at 1.3447. I think as long as your SL is at least there...we should be good...Ignored
DislikedTO ALL MEMBERS. I RLLY RECOMMEND TO TRADE SWING TRADING ONLY. INTRADAY TRADING IS HARD TO TRADE FOR inexperienced traders.
It ll be hard at beginning... coz u ll have only 2 - 3 trades in month per pair.. need patience.. as Xman said... he calculate 7000pips.. in 1 month per 8 pair... u only need to get 1/7 from it........Ignored