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yesterday high low system
Started Jul 4, 2010|Trading Systems|82 replies
Description: price action tends to remain between yesterdays high and low unless and untill ...
any expert please comment on this.... i was trading cad housing number which came so bad and and US news came so bad in both scenario usd/cad went down.any comment on this?how can there be risk aversion on usd/cad what thing can make usd tank on ...
tho news was bad for canadian dollars,USD/CAD moved down
on FF calender it show low volume expected coz of US bank holiday. Session Active Ends Wed 2:30am (in 8 hr 48 min) *Low liquidity expected due to bank holiday
next trade will be canadian housing permits...see yaaa till then.
banked more +30 on the same currency AUS/USD
may be a robot wont work but if u trade manually with pivots and trendline it always makes a profitble trade,coz we can get a range which we need to watch out breaking that range and u enter trade.
bad news for GBP yesterdays low broken. +20 pips
yes break of yesterday high or low gives a good entry point,but make sure u buy or sell on the basis of news.some times my entry is also based on trendline break in accordance to yesterday high or low. you can see today GBP chart and wait for the ...
where do we go from here? I would be interested to know as well
if you have any question about the system feel free to ask,i will just update this thread on week ends. i am also attaching indicator for yesterday high and low.
1-Examples Euro was in tight range last week,broke the resistance coz of nfp news.
Description: price action tends to remain between yesterdays high and low unless and untill ...