Samstag, 1. November 2008

the 2 strategies * entry *

Like i allready said, i like to KISS.
So lets Keep It Short and Simple.

Strategie one is based on the 15 minute chart.
I need a lower low followed by a lower high.
The break of the lower high´s low in the 15 minute time frame is mine.

Strategie two is trading the 5 Minute chart.
I need a lower low followed by a lower high.
The break of the lower high´s low in the 5 minute time frame is mine.

Beside a "normal" lower high i also trade a lower high in form of an NRIB, which body is outside of the body of the previous candle. So in my case both candles have to be red. The break of its low is mine.

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