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[Access youtube video directly and post your ideas and questions]
I will show you in this strategy how to enter a trade at the perfect place. It gives you a good idea about good entry points.
First of all, open whatever chart you want then open the 4 hours time frame (H4). I will open also the Bollinger Bands(20) and Zig Zag indicator. Now, I will wait the Bollinger Band to deviate, in case the lower band deviate and formed with the preceding higher zig zag point an angle - the video clarifies more the strategy - I will wait the candle to be formed and enter into a Long trade.
Same thing for Short trades, I will wait the upper band to deviate and formed with the lower zig zag point an angle, I will wait the candle to be formed and enter into a short trade.
Joe Chalhoub
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[ 8/29/2008 ]
very good video