aartamen; A question that's been bothering me. Do you wait for the next candle after the IB/OB to close before making the entry decision? Or do you do it on the basis of the current price? Anyone can answer.
I tried the system, so far I am horrible at it.
Hi there; After the ib closes , The next candle opens there are 2 entries the best one to start with, ( gives better confirmation of the move) is to enter 1-2 pips below the low or high of the candle including any shadow (wick). A more aggresive but higher risk is to enter at the end of the previous body.
Try and take only with the trend trades to begin and make sure the stochastics are near top turning down for short and near bottom turning up for longs..
Good Luck Ken
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