juicyt Posted March 17, 2013 Report Posted March 17, 2013 And while I'm at it, here is 2 earlier trades. Just like the last pic, I had 50% fib pullback, previous sup/res on trendline, trendline break on candle close for entry and OSMA divergence. First one I got about 1:1.2RR and second I got out as it didn't move fast for 1:0.4RR. Better than a loss though. 3 easy and fast 1minute trades. http://i49.tinypic.com/16hu6vr.gif
juicyt Posted March 17, 2013 Report Posted March 17, 2013 So those are 1 minute charts, Lets look at a 4hr EU chart and see what happens. Remember, trend change first then look for the setups. Look for confluence of : fib50%, previous trendline sup/res, round number, divergence, Horizontal sup/res (maybe) and anything else that adds weight to you entering. Go for at least 1:1RR but on 4hr I would go for more however these are after the fact pictures so lets not worry about that. http://i48.tinypic.com/9pz3aa.gif
indo37 Posted March 18, 2013 Report Posted March 18, 2013 Would you tell us a bit more about 'Profitunity' please. Profitunity is the method developed by Bill Williams in his books "Chaos..., New Dimensions..." and best known for his Alligator, Fractals etc. Tools build into MT4, Tutorials at Alpari, and especially here at indo-investasi. Including his marvellous dvd. Regards Freddie 1
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