Thursday, May 20, 2010

Secondary confirmation indicator



USDCAD M15 chart on entry of trade on 5/20/2010
Bottom indicator is Awesome Oscillator (AO)

I have had problems entering a position too early, then getting stopped out. The Awesome Oscillator or AO indicator maybe of some help, waiting for it to change color before entering the trade (which is not what I did here, costing me about 45 pips). Candle formation alone does not always work, neither does the slope direction line (SDL). I think the combination of the three, AO, SDL, and candle formation will help make a better entry on the trade.

Wednesday, May 19, 2010

USDCAD H1 BAT



I WONT TO KNOW YOUR OPINIONS ON PARTICULAR CARRENCY PAIR. PLEASE GIVE YOUR COMMENTS.
CHETNIE ZAPOZNAM SIE Z WASZYMI OPINIAMI NA TEMAT DANEJ PARY WALUTOWEJ. PROSZE O KOMETARZE.

Monday, May 17, 2010

AUDUSD M15 ABCD / BAT



Thursday, May 13, 2010

AUDUSD 1H BAT / BUTTERFLY



Tuesday, May 11, 2010

GBPUSD 4H GARTLEY



Monday, May 10, 2010

EURUSD H1 BAT



Tuesday, May 4, 2010

EURCAD H4 too easy



This showed up Friday afternoon (4/30) and I didn't enter a postion as it was "Friday"- thought I would wait and see what Sunday brought. You can see the top reversal candle when the market opened Sunday- then it obediently went down, no retesting of prior highs, it just went down- wish all trades were such a "No Brainer". (Arrows mark my entry and exit.)

Monday, May 3, 2010

AUDUSD M15 ABCD / BAT