Quote:
Originally Posted by Sweet Pip
Hi Piphacker,
Just a question on the pairs you are monitoring...I know you say it works on any pair but how many are you watching and drawing trendlines on? Gets to be a lot of work drawing all those trendlines and then flipping back and forth to catch the breakouts of them so it would probably be better to work with just a few?
Thanks  |
Hello SweetPip
I am using two different Mt4 demo platforms. FxPro & Odl securities. In FxPro demo platform i am dealing with just 4-Hour timeframes with these pair's expect Usd/Hkd , Euro/Gbd , Usd/Mxn & Gbd/Cad.
Forex spreads | Forex trading spreads the other pairs which i use in my charts are in this link.
& i am also using Odl's demo Mt4 platform with same pairs but only with 30-Minute timeframe. I also keep Changing them to hourly.
I keep an eye on all the pairs time to time. I dont draw lines on all the pairs. but now i think i am expert enough to judge the situation & if i feel there is any apportunity to draw lines than i draw tham. I know it seems little difficult but now im expert enough to do that and feel myself habitual without any problem
I can not rely on just few pairs coz market keep changing it's behaviour time to time and it also happened sometimes that after waiting throughout the day we didnt find any excat entry chance in just some of our 5/10 favourate pair's. That why you may find almost +22 Pairs on my chart's, i also dont hesitate to enter in any pairs expect pairs which i have mentioned above.
You might not be new to forex but seems you might be new to this breakout strategy so batter for you is to start with few of your favourate pairs like me in my start.
PipHacker!!!
Thank's
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