Sounds like we trade at the same time of day - not long after the London and EU open. I don’t want to be one of those people who stay up all night or get up at 5 am - kinda defeats the whole object of why I’m in this in the first place
I’ve been trading this system for a couple of months now on demo and live for the last 2 weeks but not with the original indicator anymore.
I’m demoing with pure price action now which is more the direction I’m headed - less indicators and more seeing what price is doing.
Sometimes I even go against the channel indicator if I think the general trend looks like it’s in a different direction, I’m even thinking of getitng rid of it and drawing trend lines/channels manually
I have demo and live accounts with GFT and One Financial, trading live with One financial at the moment because of the dependance on MT4 - but that’s changing. Keeping GFT for their platform, news feed, pip/margin calculators and free autochartist subscription
I attached a pic of how my MT4 charts look now. SHI_channel has redrawn a downward channel based on connecting recent highs/lows. I’ve drawn my own chnnel of what I see (I’m probably wrong) as the channel being based on how it looked this morning. I also put an arrow pointing in the direction I would like it to head for a nice juicy long trade
All that needs to happen now is tomorrow morning when I wake up at about 7 am for there to be a nice green bullish engulfing candle that eclipses the candle before it - and a stochastic crossover pointing upward out of oversold territory.