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Old 07-25-2008, 09:37 AM
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kagein kagein is offline
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Join Date: Oct 2007
Location: London
Posts: 253
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Hey guys, when trading the 4 hr chart my main trigger is a candle with a wick thats longer than its body. When such a candle appears in the direction of the main trand at a s/r level it makes for a good trade. However when i trade trend reversals using just the long wick candle as a trigger its makes for less certain trade. Being as it's a 4 hr chart i cant always wait for a retest. Do you guys have suggestions on how best to enter trades such as these and what further confirmation i should wait for before opening a position. Will post examples of what i mean in a bit.

George

Last edited by kagein; 07-25-2008 at 09:41 AM.
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