puffoley » Thu Apr 30, 2020 7:51 pm wrote:Yes you are right, when i see two currency overextend and going behind the 0.9 line and then coming back i check the pair and then choose if there is an opportunity or not...in this case i thought AUDCHF was trending up and there was no resistance until 0.64318 so for me it was a good setup. I took a small 50 pips profit on H4 when i saw daily superslope came back under de 2 lines.
Hgb is still buying on this pair so if the trend resume a buy will be taken. I monitor more often with those trades...they are riskier i think.
Hello, I am practicing how to read CSS on higher time frames and use this principle:
- Daily CSS: big picture for my choise.
- Entry / exit with H4 arrow after bluewave or rad buy / sell follow weekly and daily trend (close candle because I want to know if the buy / sell arrow is really valid for the price). I usually join early but suggest parameters> = 1 or = <- 1 on higher time frames.
- Entry / exit with M15 arrow after bluewave or rad buy / sell follow H4 cross.
And, Are you interested in the specs of H4 to join M15? Should it be >=1 or =<-1 for join??
I need to many thanks for Steve, Milanese, Bob, Leon, Garry and many other talent traders that I have not said. You have helped us step by step clearly and fully to be able to do something better. This is my first post and I'm sorry for my English. I'm not really good at that.
Sido