in my mind was thinking of this situation....
am i being trap...??
am i being trap...??
Peace Yo!
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Trading the heiken-ashi megapips system. 2 replies
Dislikedwhy do not you operate on h4?
in a couple of weeks you could have easily made 300 pips
and you would have time for sports, dating women .....Ignored
Dislikedi don't like the price action. i am expecting a retracement on XXX/USD pairs. i think news will decide it. probably there will be no chance to enter today.Ignored
DislikedNotice that gbpusd looked like the best trade today as well. Eur, aud and nzd stochs were high already but gbpusd has pulled back sufficiently.Ignored
DislikedYeah your right Hugh...Looking at the 4h it still looks good...This is where micro managing has its downside...
Have to keep focusing on the bigger picture...Ignored
DislikedI think we are entering a difficult period for trading the 4 hour charts due to trends slowing down and possibly reversing. The signal works well on any timeframe as long as you adjust your stops and targets. Find a pair that is trending smoothly in any timeframe and then wait for a smooth pullback and a smooth stoch cross back in the direction of the trend. It is high probability wherever it happens. Notice the keyword is smooth, if the heiken ashi candles are all over the place then just leave it alone.Ignored
DislikedAnd/or just accept that you will have losses and allow each trade the room it needs to work out in it's own time.Ignored