*Anyone could help me as well*
This is one of your trade on BP's NLA thread and I am trying to understand this.http://img24.imageshack.us/img24/9857/d33trade.jpg
Based on what I see;
If you see (no 1) the signal is triggered to go short, and once the candle (no 1) closed the 1H candle change to RED color. To me, I would have enter right the open of the next candle.
But, I want to ask why did you wait for the candle to go back few pips (you know there will be a GREEN candle) and then you entered at (no 2) ?
You know, I always have this problem.
once i entered I always immediately -7/-8pips.
Hope you can clarify this.
Sorry for the language if my English is not so good.
I can not answer to that question, it is a picture from a year ago!!!
I don't even trade that method anymore because i am tired of scalping!
The rules are simple go with H1 and watch the higher timeframes where they are going.
It is for real if you have read the BB thread you could see my account growing from nothing to $22000 in less than three months.
I entered at the short and long triggers if H1 color was right or i waited untill it had the right color and then i scalped a few pips sometimes more. I always used a SL of 20 never more!
Hope this helps, if not you can start reading this thread or the DTB thread in this forum!