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DislikedHi,
Here is one Gbpusd trade.
Do I need to give Entry / SL / TP ? Orange / Red / GreenIgnored
DislikedGU have moved now so you can lock your trade if you want ( SL=BE+1 ).
I do not ... based on this : http://www.forexfactory.com/showpost...2&postcount=63Ignored
DislikedHi,
Trade rules are :
1- Trade when price go into the area between both cloud.
2- Entry price is where price enter the area.
3- Stop Loss is the other side of the current cloud.
4- Take Profit is when price touch other cloud. ( When price leave the area between the clouds on opposite cloud)
Do you understand ?Ignored
DislikedHi,
Same here you can lock. I do not.
Here I move the TP to new level as shown in the pic.
New TP = 90.076 ( Do you see why ? )Ignored
DislikedTelling the truth, when I for the first time looked at this indicator I thought: "What a messy indicator, should get reed of it". But now I understand that this is maybe the most unique indicator which provides you with all you need to trade successfully. Thanks Seykota for this thread, will keep following.
One more question, Do you use chikou span, tenkan sen, kijun sen?
By the way It seems that possible setup on EURUSD H1/H4 possible if price moves up.Ignored
DislikedIt seems that possible setup on EURUSD H1/H4 possible if price moves up.Ignored
DislikedYes correct Soondoock. But watch up !
Eurusd have done "ping pong" between both clouds.
Remember that all entries are not ok. ALWAYS watch if Risk Ratio is ok.
Summary: Not perfect.
I prefer when price comes from outside the cloud and travel to the trading area. Follow ?Ignored