I have set up a blog describing my trading system and daily signals.
Check out the past trades and you decide if you want to follow.
Join my FB group @ Forex : Day Candle Formation
tradeaud . blogspot . com
Refer to my blog for today’s signal.
can you also post your signal here?
Yes I can, but I would recommend to see my blog for the fastest signal.
I would first post in my blog then to forum. So if u want to catch the early wave, u can get it from there.
thnx, will check out your blog
the strategy here, Trade AUD: Intraday Trading Theory : Day Candle Formation
Hi, Been reading about your strategy but it seems i am bit lost. taking the average range based on high n lows or close price? average based on the pips? possible to demonstrate with an example?
thnx
Average range based on the high - low of the past 20 days.
for example when u see the day candle bar, u can see there are shadows on the top and bottom
that means when the day open, the price retrace a little and move in the opposite direction.
when it reach the highest point, it retrace again. therefore u see 2 shadows.
thnx, i think i ve got it
you are welcome
Please let me know what are your thoughts on this system too
hi, i have been trying to figure out your system and doing some back testing with it on eur/usd. I must say it is pretty impressive. One question tho, how you determine buy and sell and stop loss? thnx
To decide whether to buy or sell, i look at other currency pair to determine the strength. stop loss as per the quater range
Trade AUD: Start Of A Reversal Or Retracement?
those who visits my blog and took the signal are winners by now!
today’s signal
TP Hit! 