are we heading towards 1.10 and beyond, page-7

  1. 642 Posts.
    This is just a 5 minute chart of todays moves with the hawkeye with 2 price targets both were reached. I find trading aud best while our market is open and euro from the afternoon, using a 5 minute hawkeye you can get good runs like the 2 on the chart, but mostly i would take profits if can get 10-20 pips, i also use a 200ema and 244cci to confirm trend for my trades so if the hourly is saying up and trading on 5 minute chart i only take longs and make sure its also above the 200ema, since with the hawkeye if you trade both directions you can end up having a few good trades and bad trades and not make much but if only trade with the trend can reduce the number of bad trades.

    You can see this on the chart where all the short signals didnt really work.

 
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