Hello friends ,
indicators tried tired , systems tried tired , no matter how much i am used totally tired , i was reading on net that big buys only trade weekly daily and h4 CHARTS rest all TF are just to creat confusion for traders like us.
I will just post the trades relating to trend lines and bollinger band,
trendlines from weekly,daily h4 and trade on h1
---------- Post added at 10:36 AM ---------- Previous post was at 10:21 AM ----------
http://imageshack.us/photo/my-images/337/euweekly.gif/
now in this we will idetify the long term trend and join all the higer lows to get down trned
and we can see there is current trend which is up
so we join all the lower high to get the up trend
and we shift to daily chaart with out touch the trend lines
---------- Post added at 10:37 AM ---------- Previous post was at 10:36 AM ----------
http://imageshack.us/photo/my-images/28/eudaily.gif/
now in daily it will be little differnt
we need at least two points to join the high and low to get the trend
you will see there is more two lines as there are points available to trade to it do not worry just keep joining the points to get as good trend
---------- Post added at 10:41 AM ---------- Previous post was at 10:37 AM ----------
http://imageshack.us/photo/my-images/703/euh4.gif/
here in h4 we can see how nicely it has touched all the trend lines and went up direction only so we wait draw another trend lines joining the atleast tweo points belwo to get the trend
---------- Post added at 10:46 AM ---------- Previous post was at 10:41 AM ----------
http://imageshack.us/photo/my-images/834/euh1.gif/
now see this carefully , when ever the rates comes down to trend line and the rates are at the lower bollinger band , as we see a reversal bar that is the opposite color bar bang go for the buy , need not to worry as the teredn in h4 is up jsut go for the buy buy buy