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    • The7 replied Oct 3, 2012

      If the signal candle has a wick towards the direction of the trade, try to avoid the entry. If there are long wicks on both sides the candle, avoid the entry.It shows uncertainty. The only wick we want to see is a pinbar...

      The7 Trading System
    • The7 replied Oct 1, 2012

      When trying lower timeframes paying attention on support/resistance levels become more significant. Always look for a reason to enter.(rejections on pivot points, round numbers etc.)

      The7 Trading System
    • The7 replied Oct 1, 2012

      Hello folks. I'm glad some of you are enjoying the system. Please keep in mind that there shouldnt be any hard rules to any system. Personally the reason I like the 5 ema channel is because it visually gives us an idea where the market might be ...

      The7 Trading System
    • The7 replied Sep 30, 2012

      The 5 Ema channel gives us a good feel where the market is heading. If we have a long trend followed with a short candle which opens outside but closes inside the channel we close the long trade and enter a short. In my second post I said "No hard ...

      The7 Trading System