HERE IS SOME SIMPLE SETUP ABOUT AUD/USD WHICH IS BEARISH TREND SHOW IN THE CHART , HERE I JUST FOLLOW THE TREND WITH THE HELP OF 100 MVA AND 200 MVA
1ST WE SEEN THE 100 MVA CROSS DOWN WITH 200MVA SO IT IS GOOD SHORT SIGNAL IN 2H TIME
2ND CONFIRMATION BEARISH TREND IS THAT DONCHIAN UPPER CHANNEL MOVES DOWN FOLLOWING TOWARDS TREND.
SO OUR ENTRY POINT IS JUST BELOW UPPER CHANNEL AND STOP LOSS JUST ABOVE UPER CHANNEL WHEN PRICE WOULD DOWN WE CAN ADJUST OUT SL AS TRAILING JUST UPPER THE CHANNEL
SORRY FOR MY BAD ENGLISH GUYS .. :)
1ST WE SEEN THE 100 MVA CROSS DOWN WITH 200MVA SO IT IS GOOD SHORT SIGNAL IN 2H TIME
2ND CONFIRMATION BEARISH TREND IS THAT DONCHIAN UPPER CHANNEL MOVES DOWN FOLLOWING TOWARDS TREND.
SO OUR ENTRY POINT IS JUST BELOW UPPER CHANNEL AND STOP LOSS JUST ABOVE UPER CHANNEL WHEN PRICE WOULD DOWN WE CAN ADJUST OUT SL AS TRAILING JUST UPPER THE CHANNEL
SORRY FOR MY BAD ENGLISH GUYS .. :)