Quick question, what currency pairs are good with this system? Some 30 minutes prior to 6AM London time.
{quote} There are several ways to judge volatility in the market: a. Look at the size of the last two or three candles....the smaller they are, the less momentum or volatility in the market and if there are wicks on both ends of most of the recent candles, price is consolidating. b. Look at your TDI.....if the green, red and yellow (if there is a longer consolidation) are all hanging out along the 50 line, there is no volatility in the market. Both of those can quickly tell you at a glance if price is moving or consolidating.
My EJ entry. Valid? Slope on TDI seems OK (4-6 oclock, i say it's 4 and change). Not over 68 but between it and 50. Small position on this. Might close it since it's the major pair i trade other systems with. So my question, valid entry? If not whats the reasoning, then ill close it ASAP. Thanx ahead of time. {image}
WEEK 1 D2 Still no trades but some pairs are in overbought areas and oversold will check tomorrow again. Consider that i am trading only daily charts. Thx
{quote} I always enter with a Sell or Buy Stop order that way if the market turns immediately I'm not caught on the wrong side. It doesn't work all the time, of course, because the market can trick you in and then turn but I find it works well for me.
It has been a rough few weeks here.{quote} Sorry about the short message yesterday
Same hear mate...
as I let it run until my morning
