I see what you both saying. Lots of chart time needed to figure this out me thinks.
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DislikedOK so been playing around with this. What do you think of this an idea?....... {image}Ignored
DislikedHappy new year everyone!! dee, one quick question: when do you set your SL at breakeven +2?Ignored
Disliked{quote} @+5 pips, means you get taken out early more often, but there are no losses to recoup. This applies to EU I do not know how well it works on other pairs.Ignored
DislikedEU +50. Nice start to 2015. Definitely a Down Trend. So waited for a signal short. Entry came following HTF Div at major S&R with a Dbl Top. TP was difficult to judge as we are looking back at 2005 for S&R levels, even 2003. But a 123 formed providing a measured move with confluence at S&R all the confirmation I need. I closed out at 50 pips thinking that price would bounce, it didn't well not much so I gave back 4 pips,I can live with that. Although the 3 pip chart shows sideways action the 10 pip chart shows a strong down trend. Don't get tunnel...Ignored
Disliked{quote} Hey jeetvirk, may I ask you which arrow indicator you are using?Ignored