forex live trades, setups, charts
dchappy wrote:Scalping is HARD ,,,and the older I get it seems to get even harder .
This year I am moving to a slower chart (m15 at least ) , and I will add a
horizontal line to the 1-2-3's . The goal is to catch some intra-day &
multi-day swings .
Dr . Bob taught this method many years ago in the old "woodies " club .
How & Where to set the line :
1. WAIT for the macd to make a peak
2. Find the extreme bar , and place the line at the base of the body
opposite the hi or low of the bar .
3.Enter long or short from the line as the macd trigger line shows
4. exit when trigger and histo re-cross.
5. Move the line when a new peak is formed and repeat 1. thru 4.
That's my plan ...see you next month ..good trades to all
Odd but I always thought you were a young guy?
Interesting development, would be good to see the 15 min in action.
See you in a month
dchappy wrote:This is about as simple as I can break it down ..
Standard MACD for direction ,,Take longs above zero line and shorts when below .
Don't be greedy , take a few at each hook ,,There will ALWAYS be another hook .
Taking some time off..Will be back in a few months ....
Took the hook after the news........
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