RACZEKFX_TOUCH_TRADE

Quote:

Originally Posted by khairul81

Hi guys,my name is kai and I am from Singapore.I have been reading the james16 thread for 2mths and have been demoing on the mt4.I have been profitable on demo and I am happy that I found this thread on FF.

 

It took me a while to read up Some of the threads and i don't think anybody could! Haha.

 

Anyway i have a question on what is a Rac zone and a Touch trade? I am hoping to get a detailed answer maybe with some examples.

 

Kai

www.forexfactory.com/showpost...ostcount=45043

 

But i hope you will practice the basics first.

-----------------------------------------------

 

Quote:

Originally Posted by raczekfx

another rac's fav.

".

Price's falling, falling, falling...,

1. 50, check,

2. 61, check....

3. TL, check......

4. ppz confluence, check, check, check - BINGO

5. Reload.

6. Fire....----------->

 

7. PB on 1hr. Great.

8. Stop moved to 10ps below the pb..

9. 10 hrs later another TP hit.

 

10. Going back to waiting mode...

 

Next big one on loonie.. "

Done