Based on System, another alternative, and Price Action Trading. I am looking to long when price closed above 1hr Inside bar to confirm break up although fisher (34) <0
RSI < 0 EFI < 0 Trix < 0
Trade closed manually
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Lesson learnt.
I entered the long late.
I was to long as early as the big fat bullish candle with volume.
If i longed there i would have bagged 50pips.
Anyway, bad trade.
I am looking to short Usdcad now
Comments
robus
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shit :(
PPPStrategy
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Still refining a system I made,
Usdcad is a very volatile pair. Anything can happen.
I could flip short immediately although I am long =)
robus
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I actually shorted ECAD , EGBP :| and its playing games
PPPStrategy
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It's playing with my mind as well :( I have no comment on ECAD, not within trading scope
robus
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I actually , refer your charts because of your TRIX, other is GC, but he does not do much currency :|
PPPStrategy
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I see, however sorry to disappoint you. I am doing more on RSI EFI Volume MA 34, EMA 9 13 21 analysis nowadays. I need to learn how to be systematic first. Before implementing Trix into the picture