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  #11 (permalink)  
Old 04-30-2009, 09:22 PM
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kkk555 is on a distinguished road
this looks good

5.jpg
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  #12 (permalink)  
Old 05-01-2009, 03:25 PM
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M256 is on a distinguished road
Hey KKK555, lovely name by the way
Anyway that was not a pullback. Merely a minor (very minor!) bullish movement. Identifying pullbacks is an essential skill here, but don't worry - with enough practice and experience you will identify them with much better probability.
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Michael - MetaTrader Indicators Developer
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  #13 (permalink)  
Old 05-03-2009, 01:08 PM
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M256 is on a distinguished road
Trading plan for next week - Channel Scalping System
2 Potential setups are attached, and I have written the full trading plan here:
Michael's Forex Trading: Trading Plan for Next Week

Good luck everyone, lets harvest some pips!!!
Attached Images
File Type: jpg eurusd.jpg (237.0 KB, 387 views)
File Type: jpg usdjpy2.jpg (207.4 KB, 378 views)
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Michael - MetaTrader Indicators Developer
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  #14 (permalink)  
Old 05-04-2009, 11:31 AM
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M256 is on a distinguished road
Updates
3% Gain so far from the setups I posted...

Michael's Forex Trading: Trades from Today: +3% Already!
Attached Images
File Type: jpg eurjpy2.jpg (262.6 KB, 333 views)
File Type: jpg usdjpy3.jpg (240.0 KB, 331 views)
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Michael - MetaTrader Indicators Developer
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  #15 (permalink)  
Old 05-12-2009, 11:17 AM
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FXCode is on a distinguished road
I have added a video guide to the system, to illustrate how I trade it:
Michael's Forex Trading: 15M Channel Trading: How-To video
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  #16 (permalink)  
Old 05-19-2009, 12:02 PM
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leo1452 is on a distinguished road
Im sorry ,but I havent seen where you put your stop-loss. I understand ratio has to be at least 2-1, so if TP is 50 pips, then SL will be 25?

Thank you for sharing
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  #17 (permalink)  
Old 02-14-2010, 10:04 AM
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wnosalik is on a distinguished road
This is very good system. 2-4 entry per week on USD/JPY. RR=3:1
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