I really like the AUDNZD. Great supply at this level. Im going to break the rules a little and enter early before the next 4H close. Enter short 1.2450, TP 1.2410, SL 1.2470.
Surfing the Channel 57 replies
Forex Surfing 11 replies
Fibonacci Surfing 0 replies
Trading/Surfing 15 replies
DislikedShort EURAUD 1.2785 TP 1.2675, SL 1.2885 (closed outside Fridays 4H chart, current trends still down.)
Long NZDJPY 64.45 TP TP 65, SL 64.05Ignored
DislikedWeird...my 4 hr chart does not show that it closed outside the channel. But that pig is getting ready to drop.Ignored
Dislikedtmoney,
I have the highest respect for you and your method of selecting your picks. But why is my chart not matching yours?
The candles themselves look different. Just look at the last 4 candles on this 4 hr chart of AUDNZD and compare it to your chart...what the heck?Ignored
DislikedNobody can explain me better, thanks.
The entry signal is when price close outside the 4 h channel and then i open my position in the next candle?!
But sometimes the channel changes after we open a position, what to do then?!
I don't understand where to put SL and TP?!
As i said, sorry my ignorance.
Thanks.Ignored
Disliked[IMG]http://d1210.hizliresim.com/12/9/dt3sr.gif[/IMG]
Thank you very much for answer.My second question is:
As a chart eurusd was closed below the daily channel .
Today it seems to close on the daily channel.But 4hour channel shows down trend.
Can we take a buy position? What is your opinion?Ignored
DislikedInteresting and simple approach. Thanks for sharing and nice explanation.
P.S. Those buy/sell lines are a bit distracting. Made me think when and why you have entered. plus you have a position on every pair...Ignored