Thread: GBPJPY sniper
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Old 02-29-2008, 11:30 AM
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goodboy_iraan goodboy_iraan is offline
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more detail :
time frame : m15
r/r : at least 1:1
this is another perfect signal but as you see we have a retrace after we entered but the stop didnt hit and it shows that our stop is perfect.
stop : last high + spread + 3 pips
as you see the best time to exit is waiting for ao to cross and make second price bar but you have to be carefull about the bands when price touch the bands we have to be carefull about pull backs.
some times we cant make sure about this area for exit or stay so i made another thing in this system which can make alerts for us to be more carefull.
im sure you heard about volatility quality indicator which shows important areas that market can make trends
so i used that for alerting us
you may ask how we can use that in short term systems ?
the answer is : when vq made its signal you have to be more carefull because at this important moment market will decide to contintue or turn back .
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