Hi Greg....82 pages is a lot to digest all at once.hawassy wrote:Hello Everyone,
New hunter on board!
I found this treasure chest on Thursday, I've read all the 82 pages and finally I'm ready to write my first post.
I'd like to say a big THANK YOU, especially for CJ, the most active forum members and those who have written helpful summaries! Now it seems so evident for me that THIS is the right way to trade. I hope there'll be a day when I'll see the the charts the way as CJ does.
Because of my full time work I'll focus on D1 (and sometimes H4) charts.
Here are a few of my first ideas, I hope some of you will have time to write a short review about them, I'd really appriciate it!
Take care,
Greg
As for the charts, I think you have the directions correct but you may want to take a look at them on the H4 charts as well.
AUDCAD is showing a stop hunt just occurred. Stops hit high then stops hit low....movement due....I have a small LONG position here...
NZDUSD is somewhat harder to trade as it tends to have a lot of pins, both high and low on the candles. Same advice for it, check the H4 and you will see a possible RRT pattern forming. NZDUSD doesn't always drop after a 2 candle RRT pattern, look at it's past action. They will hold it at a level to build positions at times before making the move...I'd still try to get my order up in those pins though if I were looking to short it. I'm SHORT here per my H4 chart that was posted earlier in the thread.
Additional advice would be to look at the weekly and monthly charts to help determine the cycle and level when trading the D1's....
CJ
)... pls check my screen, It is US Cowboy IBFX, gmt 0