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Old 07-26-2007, 03:38 PM
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summitfx summitfx is offline
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If I could just comment on this, I would say that you need to think about the big picture as well. Fundamentals are ultimitly what drives the FX market. The last few days we have had huge opps with the carry trades because of the overall weakness in the US markets amongst concerns over the sub-prime lending debacle. With that in mind, the safer trades all week would be to take only short trade set ups. Trying to spot the perfect Zorro or Chili pepper is actually silly. Think like a Banker and drill down from the big Charts and the overall sentiment and then grab your pips from smaller time frames and our beloved randycandles. Continued learning and success!

Quote:
Originally Posted by leeb View Post
Sorry to post again the same question, thanks ITguy for your input could anyone give a definitive defintion of what is :
1) chilli pepper bar
2) zorro bar
3) stretch bar

surely these are the keys to the system not the indicators ?

Thanks !
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