What pair and time are you talking about. If it's when the US interest rate statement came out than no. I have screwed up so many times by not waiting until the candles close that I am trying to be more disciplined now. I am trying to avoid the NFP & interest rate statements when at all possible. Also after those big run up & downs there is usually always a retracement so I like to wait a few candles to let the dust settle. I have only been using the 4 hour system and there hasn't been an entry since sunday night and it has been going up all week so far
. I couldve made 400 pips if I jumped in the GBP/JPY on monday morning @ 3am when that big run started but I was always in a trade. If anything I am still monitoring the trades wheather I take them or not just to see them in action and make sure the system is working.
Topgun
Quote:
Originally Posted by n_aftab
Topgun,
I`ve got a question for you about the system, i`ve read it and just wondered what did you do about the last cross, as to me it looked a bit of a dummy and reversed, did you enter and exit on the same bar etc? your thoughts?
thanks
N
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