Quote:
Originally Posted by amtrade
Hi Pipology, I've read your posts and been a fan of your strategy.
However I always miss that 'perfect moment', and if I spot one, I hesitate to jump in because a lot of times when the price breaks the trend in my chart the RSI is too high or too low.
Anyway I'd like to hear your opinion if you would trade based on the picture below. I didn't put my money on this one because the MACD & the RSI looked a little tricky to me....
Thanks!!  |
Hi amdtrade,
First of all your chart is chaotic. You didn't place the indicators correctly. You must place W%R above RSI. If you use a MT4 platform just drag the W%R over RSI. From your chart I can't see if there was a entry or not. I recommend you to use a MT4 platform like I do. I use the one from Migfx.ch, it's very reliable.
Not let's get back to today's trade. It was a extraordinary day and I hope some of you caught the move
GBP/USD
Peeeerfect setup !
11.00 GMT: Sell order 2 lots @ 1.9898
SL: Never hit
Target hit in 10 minutes. 1.9888
Profit for today:
10 pips x 2 lots x $10 per pip = $200
Happy PIPpin' !