Thread: Follow The Bouncing Pip
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Old 08-28-2007, 12:22 AM
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1 hour chart
Quote:
Originally Posted by McForex View Post
Looking over the three charts (4H) that Big Bear uses, the last true arrow signal I see is Aug. 16 and 17. There are several signals with the alert indicator (blue dot) but no arrow signals since then. My question is do either of you enter on the alert blue dot signals or do you wait for full confirmation from the arrow. It seems the alert is fairly good but the arrow seems to be better in the long run. Last week ther was no arrow hits that I saw but Forex11 reported some good trades.

If the arrow is the case it appears you wouldn't trigger a lot of trades (but if you wait for the arrow to get out you could be in a long time). Your help is greatly appreciated. I think this is a great system when used properly.

Thanks!
McForex
hello, I use the 1 hour charts most of the time for my entrys. bigbear uses the 4 hour but I can read a 1 hour chart a little better for a earlier entry.

I know this is a little confusing, but thats how I trade the FTC. now once I am in a trade and the higher time-frame agrees with my decision, then I know I am golden.
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