Posted:
#126
USD/SGD turned into a good play but i had to average up a bit......sold 2 lots yesterday at 1.4619.......woke up and was down 70+ pips bought my average up and got out with 20 pips with 4 lots..not bad if i do say so myself........lets see if we can make some $$$$$$ 2night
NGHIA...i use the DMI with RSI line.........+DMI AND RSI are bottomed out[have to be on bottom of chart.......ill buy........and if they top out i sell...make sure you zoom out on chart almost bottom is no good they have to bottom/top out
another signal is an upward cross of the ADX line through a DMI line[either one].with the RSI top or bottom....RSI will tell you buy or sell but its pretty clear looking at a chart which way it should go.....this is what i used for the USD/SGD trade.pull up a 4hr on USD/SGD look at the 4am block this is where i sold.it was just after 5am.....but if you look at the tech studies the ADX/+DMI lines were just about to cross and the -DMI line was riding the bottom of the chart.....a good size candle for 8am but the signal was good i just couldnt stay up any longer to watch for the top......but still a good trade
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