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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
Post your questions and comments :
tom schoss
[ 4/11/2010 ]
i really dont understand this strategy. can you explain?
admin admin
[ 5/29/2009 ]
Deviation setting : When the candle closes under the lower band and the lower band went down then it deviates.
joe blo
[ 2/8/2009 ]
Very nice strategy. I have a couple questions. What deviation setting do you use on your bollinger bands and what reversal setting do you use on your zigzag? Thanks for sharing these strategies with us!
admin admin
[ 8/29/2008 ]
very good video