I've gone for euraud, just over a 100 pip stop, let's see how this goes.
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DislikedHugh,
Heres my take on the E/A trade...you have posted, and I guess its where I need to grow a set....
The Daily is turning up ( both Stoch and CCI but its in a downtrend...clearly.
How do you determine when a trade is good going in the oppo from the daily like this one....just curious..as clearly on the 4H it looks like a good short..
Cheers
SRIgnored
DislikedSjr,
I was looking for your explanation, but where I can found the indictors which u using in you chart, thanksIgnored
DislikedHugh,
Great work on that call.
I can only hope to be that good one day.
Its Sat am here so done for the week, with some home work to do..(study Charts) !! I believe this system you introduced here is really good, I just need to practice it more to gain confidence and experience..
Have a great weekend..
SRIgnored
DislikedThanks for the reply Hugh.
I looked at the G/U potential trade that you decided not to get in on.
Turned out you made a great call. The thing that I want to develop is to use good sound TA using the usual suspects, PA, Trend lines Support resistance etc.
But, as I dont have a third eye yet as to how the markets move, and I believe some people do, I need another indicator, or system that helps me stay on the right side of the trade. your clean charts and use of TL with Stochs is just what Im currently looking for.
I believe the TDI (cci 6) really...Ignored