Quote:
Originally Posted by Maverick731
I'm having difficulty with this as well Jame's... when you say...
"To enter a trade wait for the next bar after the IB to go up 1-2 pips higher than the IB for a buy signal or 1-2 pips lower for a sell signal.
Also the shadow of the IB must be inside the prior bar as well in the overall size otherwise it’s not a valid signal."
What do you mean 1-2 pips higher or lower? Please clarify.
That seems to be the make or break of the entry it seems. Please calirfy what has to be 1-2pips lower or higher on the next bar.
Also does the next bar after the IB have to close for it to be a vaild signal?
also please explain the stops for me more, I seem to have a s/l of only 5 pips or so on some trades
btw: what is your experience with IBFX (if any), and how is you experience with oanda?
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Hi there James here
See below IB candle pattern
LINE AT BOTTOM STOP
LINE AT TOP ENTER
Regards
James