cr0cop wrote:TRO, you are mentioning the new daily low etc.....but i thought we were only going to focus on 2 pairs with a +5 pip entry and a -10 pip stop....are you changing this strategy or is it still the same?
Each trader must find their own way.
I am not sure what you are "stuck" on.
thanks for answering TRO, the thing is that i am now confused.... these are the rules that i had for the rat system:
1. trade only two pairs EJ/ GU
2. entry 5+ pips 3. stop -10 pips
3. pick only short or long
4. re set entry points according to the opening price of each hour
5. trade only london or ny open
6. take as much as you can and look for the blackswam to work on your favor
from listening to you i thought we weren't supposed to add anything more than that, please let me know where i am wrong or what it is that i understood wrong
thank you TRO
PS if we are playing two pairs for this method and lets say we only go short, would it be good if we played pairs that do the oposite of each other? that way when one of the pairs goes bullish the other goes bearish and we have an entry via versa.....that way we wont have both go bullish if we are playing only bearish and have to wait for another play