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    • Fxbay replied Dec 12, 2012

      Hi Ronald, For short term trades use M1 and M15 with standard lot size. You can use M15 and H1 too. Hi Guys, dont worry about repaint. many indicators has this problem but we use "Heiken Ashi" indicator to double confirm the trend too. This strategy ...

      Reverse your trades = Profits
    • Fxbay replied Dec 11, 2012

      Hi aelimian, Kindly add "Heiken Ashi" indicator into your chart to identify the trend or rebounce from Supp/Resis levels. use : 1min TF and 15min TF (short term scapling) or 1hr TF and 4hr TF. Keep it simple and clean so that you can catch the ...

      Reverse your trades = Profits
    • Fxbay replied Dec 11, 2012

      Hi BJ1, Yes, We normally wait for few bounces around our example level of 1.3000(Support "BLUE level" for BUY or resistance "RED level" as SELL). Sometime..It bounce and move on...Do not Chase after it!!!!!! There is alway trades for everyone. Happy ...

      Reverse your trades = Profits
    • Fxbay replied Dec 11, 2012

      latest GBP/JPY chart looking for entry SELL....SL 123.75. Resistance is too hot. BE or TP15pips. We trade 1 standard lot!!!! Note : Once Support and Resistance is too close..You may choose to stay out till break-out. TP!!!!!!TP!!!!!!!TP!!!!!!! DONE!

      Reverse your trades = Profits