Hi-lo.
Trying to learn from the pips schoolology and I have just completed grade 7. (Important Chart Patterns).
So, Im gonna try a find a few using MT4. Is there any particular time frame that you can either see these work well, or any that we should avoid?
Thank you for your time.
.ga. (-:
Daily,
The lower you go, the least valuable the patterns
look at 1H that is the boarder…for me…some one i have seen using 30 min…but risky…
Hi, just wanted to say that for a much higher probability trade, look for these chart patterns to appear on a 1H timeframe, but also make sure they happen on a Daily/4H key support/resistance level, a price level wich have proved to be effective before
Good luck
PS. In my oppinion, support and resistance levels are some of the most important things in trading
“Anticipation is the ultimate Power”
Ok all. Thanks For the assistance.
I’ll have a go at the 4H for a while and update you
All later.
.ga.