View Full Version : Neal please read
tradebetter
02-22-2009, 12:04 PM
Hi Neal, I have a question for you. Let's say you have set up 4 or more charts and they are all ready to go, what you usually do to examine which pairs among those are with highest probability going your way???
Thanks,
tradebetter
toyogo00
02-22-2009, 09:52 PM
Hi,
If they are 4 pairs setup ready to go and you only want to pick ONE, then you should :
a. look for the one with best setup first, i.e if you are buying in the dips, find one the touch SK support and start heading up rather than one that break the support and heading up; or with better HH and HL price action.
b. look for price reward ratio for each setup including stop loss, the volatility that you are comfortable with (EURUSD is less volatile with GBPUSD); and the spread of the pair (EURUSD - 2-3pips, GBPAUD - 6-10pips).
Regards,
Toyogo
FibMaster
02-26-2009, 11:22 AM
In addition, you could filter for best trend, most trust, and lack of resistance in the way of a good trade..
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