QUOTE(low yat 82 @ Jun 13 2008, 11:14 AM)
oo.... i stil waitin to trade outside of d triangles though...
This is a good tips man. I didn't realise there is a channel over there. Thanks man.
QUOTE(hitokiri_maniac @ Jun 13 2008, 11:42 AM)
so how about the fibo_piv indicator????.. it quite accurate rite??.. the support line and resistance line??i show that everytime it reach it will bouch back.. or hovering around that line..

I shall nid more time to examine it. But until today. It still accurate for me. Thanks ya.
QUOTE(hitokiri_maniac @ Jun 13 2008, 12:41 PM)
damn.. i juz lost my first trade today in AUD/USD...
i always forgot my rules.. always always always see if there was news if sudden burst of buying or selling.. even if it make it past more 10 pips above pivot line.. must wait for second candle to be confirmm... arghhh.. y i was always forgetting about thattt...
For breaking pivot line, i put a AND rule in my trading. Mean all condition muz be met in order to go in.
1) The price is closed above/below the line wif 3% or more.
2) Wait for next candle to closed also above/below the line to make sure the trend is betul.
3) Find is it crash wif my Longer TF. If yes, i shall set a small TP.