High impact USD economic news comes out in 2 hours.
Close all scalps before then if you can, unless you want to see what the spike does. I think its better to be closed before it hits and ready to get into a trade after. Often riding the spike retracement for a quick (minutes, seconds) nice win.
Through a process of closing and re-entering during the down-trend I picked up a cumulative 20 pips.
Thatās enough for me to get out now and not worry about high impact news while Iām driving later.
Should I put it down as 4 wins?
Hmmmm.
How it looked on M5
What I call a āPerfect Signalā happened when price came down from the high point. Channel angled downward.
When you know the signal will appear if price breaks below that line, its a perfect time for placing a pending Sell order just below the upper channel line.
Edit (again):
The M15 shows the double top for clarity.
Hey AT, I know you have posted this probably a few times already. I looked back to try and find it but there are so many different indicators, colors and variations I was struggling to find it. In this particular image, I love how clean the chart is, can you tell me which indicators you have with their settings? And are the settings specific to the M5 timeframe for this pair? Iām really only looking for the indicators on the main chart, I have the others (tick separated volume etc). Thanks!!
I assume you know this, but that vho channel changes every bar. Probably not enough for you to notice as it happens, but if you screenshot it and come back in 77 bars time, the left half which used to be the right half will look different.
I donāt necessarily think that stops it from being a useful tool, but looking at signals from over 40 bars ago will look different. My suspicion is that the channel would have been pointing up at that point
Yes. You are correct and it is something to be accounted for and to keep in mind. This is the criteria I used to make sure it was a legitimate signal even though the M5 vhp was probably slanted upward. Checking the H1 was where I made my decision.
I was looking for signals on the H1, which was slanted downward. This was after I noticed the double top on each one by the way.
I still like to always start with the weekly chart and work my way down to make sure Iām in the comfort zone for all other time for all other time frames.
This one was kind of a no-brainer I thought.
All the other times I entered on nothing more than a crossing, no matter the trends direction on the chart Iām at, is just show that those are the signals other traders enter in all the time with their 50 to 60% win rate. Itās only my experience that keeps that win rate closer to the 80%. So those trades I will forever consider to be advanced and not part of my extremely safe overall strategy.
I want to show trades for traders at all levels of experience l
I have to wait till I get off the road to find the bookmark the indicators. Iāll send it to you as soon as I can.
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I should probably throw a reminder out there that on other forums and discussions with other traders I have already been through the repainting issues of all indicators used on my setup charts.
I may be in the minority, but I donāt care about repainting. But I have added indicators that I think we can agree to not repaint, but do adjust more quickly than others. HA I consider to be one of those. Certainly the fs30 or xb4 set at 150 I consider to both be one of those.
Another edit: so we do often have a legitimate look back see in general where the momentum was further back in channel history.
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Thank you!
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Always welcome.
Youāve added a lot of good info to the thread and I enjoy staying in touch.
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I agree repainting isnāt necessarily a problem, but that channel is drawn to the candles, so itās understandable that people will see something better than reality. However I like it because itās a better smoothing of the price than I could get with MAs and a deviation channel. I have a strategy using that and itās got a very high win rate. Iām hoping this should be slightly better.
I donāt understand that Heiken Ashi indicator, but Iāve found something that looks the same.
I just need to recode the vhp to display the same as yours. What Iāve got works, but it leaves a tail that I donāt want. Time is limited right now, so itāll be slow progress.
Does anybody else use ctrader? I canāt overstate how superior it is to MT
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I think people are gradually realising this - but honestly, the more often you say it, the more Babypippers youāre helping, just by gradually bringing it to their attention. 
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Nice input, as usual
The way I have it set up (just my preference) is that where the vhp signal crosses the HA is where the HA changes from green to white or from white to green. So itās like a signal and a confirmation all in one
But the BB Stops (Bolinger Bands) works just as well.
Iām down on maās these days. 
BabyPips was throttling my replies as a new user. Iām back in the game using the same technique but only trading with the trend over 1H, 4H and 1D charts. Fingers crossed.
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We are rooting for you!
So I have GBPJPY 1Hr lining up for a SHORT tomorrow
EURUSD H1 lining up for SHORT
GBPUSD H1 for a SHORT
USDCHF H1 for a LONG
AUDUSD h1 for a SHORT
These are waiting for the above signal but I think are close. A verification on anyones thoughts would be much appreciated. 
Congrats, huge trade!
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Spend more time reading and reply, liking, etc, and you can move up in the ranks pretty quick and get more access and limit increases. Itās a really cool system.