Hi Beaver, to be honest I'm not a real C&H follower as I think they're a more "late to the party" trade and their success ratio is actually quite low however I like drawing them and watching them play out.....or not. Your question is a good one and if you follow the great chartists on this thread you will notice that far more emphasis is put on ema's and getting direction, entries and exits from them. Toss in Fibs and you're pretty well set up. Re ACW, well I'm actually pretty shitty about it as I completely stuffed up a good trade last week so I'm looking for a revenge trade. (don't recommend it). Let's see how the ema's catch up over the next few sessions as there may be an entry around .145 which I'd expect to be close to the 65ema and funny enough the base of any handle. (cheers W3)
