Monday, May 12, 2008
Strategy for 'Visualize' People
Chart Pattern n SHI Channel n Fibbonaci, using 1D T.F...
I feel like this strategy really suits me (as at now).
Busy at project site which do not have internet access and tight date line, sometimes, i only manage to see charts only once or twice a week..
That's why i see charts at 1D Time frame(T.F)..
Usually, Traders will take more than 300 pips if the use the 1D T.F, However, since i don't have enough time to analyse, I take what ever i could, it depends on the Pattern cycle (for e.g.. now, what i can see from the chart, it is a half inverse head and shoulder.. so its going to be a full inverse HnS within next few day).. I just open up a buy position for EurGbp.. my T.P is at Fibo 38.2 .. and the half line of SHI Channel).. I'm not even calculate how much pips would i get for this post.. But i'm pretty confident, sooner or later it will touch my T.P..