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1) price within 20 pips of the daily low - that is OPPORTUNITY
2) red candle closes
3) green candle closes - note the high price of the green candle.
4) enter long at the green candle's high price
5) STOP LOSS IS 10 PIPS
6) Take whatever profit you can.
"The technique is so simple that just several lessons (or a few pages of explanations) cover it all. Now what? Now the student has to practice, practice and practice again to understand what he had been taught. The teacher DOES know much more than the student, but his understanding can't be "passed", "transferred" or taught in any way -- not even by reading books."
RESULTS.
Just horrible M5
You will never drain the banks but other losers.
Hi TRO
I have been following your threads for over a year and have subscribed to your "donational indicators". What is the name of the Multi Pair indi that gives the HiClo, ClLo data?
1) price within 20 pips of the daily low - that is OPPORTUNITY
Hi TROI have been following your threads for over a year and have subscribed to your "donational indicators". What is the name of the Multi Pair indi that gives the HiClo, ClLo data?
TRO2009_MP_HLC_PIPS or TRO2010_MP_HLC_PIPS
Price was leaving the daily low + 20 area, no need to wait any longer.
Dear friend,
I have a question regarding the number 3 circle by yellow in clour on the chart given posted here;
What it mean by that number 3 there on your chart.
i hope you can answer what i mean there.
thank you
Dear Mr. when I can download the indicators to run the system. Thanks.