Hello,
Codybear, I am glad that you liked it. I will discuss every session in this tread to help others understand this system. I hope that you will take a part in discussion here.
Quote:
Originally Posted by Nili
Hello, I’m analysing the movement that happened on Friday, because I wasn’t able to stay at my computer and trade  As I can see there was a nice movement… I have counted that there are 166 pips of downtrend from the sell point marked by Anthony on the picture. But I’m not sure that that was the exact sell point that we should have opened an order. I will be glad to know the Anthony’s opinion. Can you explain where and why did we have to open and close the order. Also I can see that the price managed to stop near the support marked on the picture.
Best Regards! |
As I have mentioned before, I didn't expect so powerful descending movement. I didn't manage to catch it at the top. I have entered a trade after a rollback on the M15 chart (2.1030). I closed my trade at 2.0895, on the support level, that I marked out at the morning.
I attach my template and my profile for the Metatrader 4. I use 1600x1200 resolution, so it is optimum to use this profile with this resolution. Anyway you can rearrange the charts as you like.
I don't post any indicators, because I use only standard ones, you can find them in you trading station.
Good luck!
Anthony Schneider.