Neil I posted an example of an angulation trade this morning on the USDCAD. I set the stop friday evening before I lost internet. It triggered last night

Simple Simon Balance Line Trading

Right idea - candle isn't far enough away from the blue line. Generally Angulation trades happen when price has gone up or down really fast and continues for 8 to 10 bars, and then signals reversal with a divergent candle the other direction. The ...

Simple Simon Balance Line Trading

That is a really good observation. It also moves on the 4h chart, the 30M chart, the 15M and and OH yes it also moves on the daily chart! Sorry - couldn't help myself!

Simple Simon Balance Line Trading

Heeeeerrreeee kitty, kitty, kitty

Simple Simon Balance Line Trading

Curious — Sometimes even the most obvious signals stump you. Of course it's still early but this isn't going as I planned

Simple Simon Balance Line Trading

Yes for now - But I am at work with it minimized!

Simple Simon Balance Line Trading

My friend it is apparent that you did not read too much of this thread before asking this question. Click the below link and go to post #133 url

Simple Simon Balance Line Trading

EURAUD just posted a beautiful bounce candle on the 1H. Buy Stop set (I need 10 more pips to beak even with that devil!)

Simple Simon Balance Line Trading

Today is a real snore fest - I think I am going to call it a day

Simple Simon Balance Line Trading

There is absolutley no angle with the approach to the blue line. I would have avoided this trade. But that is just me!

Simple Simon Balance Line Trading

Sorry for the late response - been in meeting all morning. To answer your first question. As long as price stays below the blue line and continues with the trend, yes I would continue to edit my entry signal to the next candle. As to your second ...

Simple Simon Balance Line Trading

TRades — EURAUD stopped out at +80 USDCAD stopped out +10 EURUSD stopped out for a loss -25 Otherwise - News made little difference to movement today. PA is seems range bound. Will stay out until a valid signal presents itself. EURUSD still ...

Simple Simon Balance Line Trading

News — 7 minutes to news!

Simple Simon Balance Line Trading

Good Stuff! yes I am looking at the EURUSD to break down today. The daily bias seems unsure at the moment though. I have 30 minutes before I am gone out of the office to meetings for the next few hours! Wish I had someone to trade for me!!

Simple Simon Balance Line Trading

I use IBFX; their spreads are decent, but can't compare to Oanda. With Oanda this pair has a 4 pip spread!

Simple Simon Balance Line Trading

EURAUD — This is a BIG Fish! Took my bait and is running with it! Got the drag set on my reel, beer in hand (or is it a cup of coffee?), how much fight is in this fish! I don't know - but I do know I won't tire of this fight! Bring it on ...

Simple Simon Balance Line Trading

EURUSD — EURUSD 15TF riding that Blue line - Look to jump in on the Daily Bias!

Simple Simon Balance Line Trading

Just to remind you also nawlins - this method works better on Major pairs! I tend to stay away from the exotics, too unpredictable!

Simple Simon Balance Line Trading

Yes think of it this way. When you check to Break even - you are now looking at a REWARD TO REWARD RATIO! Remove your risk, then there IS NO risk - Yes?

Simple Simon Balance Line Trading

Bill Williams Angulation — I set this trade up on Friday. I used a few different indicators to confirm this trade (both oscillators). This is called the "Angulation Trade" and is one of Bill Williams favorite trades. This is also the premise ...

Simple Simon Balance Line Trading