alan5616
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Gbp/jpy
Hi Neil,
Good calls. However, you would not have wanted to trade GBP/YEN, this morning. It was so choppy. I tried to get a read on what pattern Corrie was trying to structure but, couldn't work it out at all.
It's a fine balance when currencies draw near to the 0 line. That's when you have to be patient and not jump the gun. However, the hardest part for me is missing good trades, based on my system and set up, because two currencies are above/below the 0 line together. Insofar as Corrie is concerned, these are "no trades".
The basic foundation of Corrie is solid, i.e. go with or against the strongest/weakest currency. In all fairness, the minor issue I have with Corrie is, probably, due to my preference of trading the 5 min tf. Those trading on a longer tf may not experience the same difficulty.
Hi Neil,
Good calls. However, you would not have wanted to trade GBP/YEN, this morning. It was so choppy. I tried to get a read on what pattern Corrie was trying to structure but, couldn't work it out at all.
It's a fine balance when currencies draw near to the 0 line. That's when you have to be patient and not jump the gun. However, the hardest part for me is missing good trades, based on my system and set up, because two currencies are above/below the 0 line together. Insofar as Corrie is concerned, these are "no trades".
The basic foundation of Corrie is solid, i.e. go with or against the strongest/weakest currency. In all fairness, the minor issue I have with Corrie is, probably, due to my preference of trading the 5 min tf. Those trading on a longer tf may not experience the same difficulty.