Do not trade these market scenarios.
- When ADX is too low, do not trade. (Frequently come along with indifferent candles)
- EMA 9/EMA13:
A shallow angle and narrow separation will signify that momentum is slowly decreasing.
Do not trade these market scenarios.
- When ADX is too low, do not trade. (Frequently come along with indifferent candles)
- EMA 9/EMA13:
A shallow angle and narrow separation will signify that momentum is slowly decreasing.
Oanda offers on his platform Quick -, Slow - and Complete Stochastic and SSD means Complete Stochastic.
If your broker does not offer SSD, you'll be perfectly fine with Slow Stochastic.
Profiting with Forex?
- Can you choose risk/reward ratio and cash management under consideration?
- Establish stop losses and trailing stops.
Tactical Planing
Trending or Ranging Environment?
Hollow candles without a lower shadows are used to signal a strong uptrend, while stuffed candles without a greater shadow are used to recognize a strong downtrend.
Indecision candles are candles with no body or little at all. These candles tell us the market cannot make up its mind which way it needs to go.
Hi and thanks for your input
One question which fear me
The ADX indior, is it suitable for any time period because somewhere
I've read that the indior has been build around the daily time period, but I
can't recall where I saw this.
The machine is well explained and will check it out
John from Durban
EURUSD, M5, 2011 June 06
Trade Example - Entry Before Time (Greater Risk Trade)
Inside Bar, DI is moving downwards and Stochstic Cross at an overbought level.
Short @ 1.4621
. . .and await confirmation.
Ability the transactions with a little more risk means you grab the pips whenever possible. Place or hedge this place.