this trade went wrong i closed it with 6$ lose why i lost this one?
Wow. You Got It. The Answer is !!!Angle!!!.I found a better MT4 indicator for similar trade setup.
Attach the indicator to the chart, set to display only that two currency pairs. Example, setting CAD and JPY to true when attaching to CADJPY.
You can also set the level to enter trade, example, 0.4.
The indicator comes with alert too.
Since the indicator provides buffer values, you may request Mr Tanaka Akiko to code the EA for us.
Enter trades only after crossed and angled out hitting level of 0.4 and above etc...
Then you can watched your sports while EA trading automatically for you...
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Thank you mutenext for teaching us this strategy. Please can you tell us in detail how you implement your stoploss? attached is my trade result since yesterdayResearch Angle. You can be a Forex master.
And next month I will open MAM account at Ic-markets.
Try it demo first and make 5~10pips for a day. Do it for 2 months. If you are going right, You can make double for 2 months.
Affter vacation, This week trade history.
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Good-Luck Everybody.
thanks for explaining i hope i would not disappoint ... your effort.Hemmy. Sorry mate but you didnt understand yet. Please follow me:
Pairs are divide in 2 parts AAA + BBB --> AAABBB,
Lets say you´re watching BBB vertical:
BBB is RED vertical --> SELL XXXBBB; BBB is GREEN vertical --> BUY XXXBBB;
Now Lets say you´re watching AAA horizontal:
AAA is GREEN horizontal --> BUY AAAXXX; AAA is RED horizontal --> SELL AAAXXX
In your previous image,
JPY is red vertical (most bars red for all pairs) so you would look to SELL any XXXJPY
and
CHF is green horizontal (most bars green for all pairs) so you would look to BUY any CHFXXX
So in this case you would BUY CHFJPY (you are buying CHF and selling JPY)
NOTE: CHFJPY would have to be above +4% to buy
audchf here we would sell right? aud pair horizontal red line (sell line)and confrim with vertical line aud is buy line .. so here aud/chf is open sell order??
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