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.
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