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.
CHETNIE ZAPOZNAM SIE Z WASZYMI OPINIAMI NA TEMAT DANEJ PARY WALUTOWEJ. PROSZE O KOMETARZE.
Monday, May 17, 2010
Thursday, May 13, 2010
Tuesday, May 11, 2010
Monday, May 10, 2010
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.)
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