Still Watching Forex Charts?
I have been getting a few comments about the manual Envelop and RSI system which provides great DIAD entries for Double in a Day trading but also for normal trading because of the small stops required.
The comments say something on the following lines: “I can’t sit around watching Forex charts in order to manually activate when the price touches the envelop line”.
I didn’t realize traders still sit around watching forex charts, so I have made a video of the method I use to trade manual indicator based system whereby you only need to look at the charts very briefly every few hours.
This method works for most manual systems and will save you from the dreaded activity of actually watching forex charts.
It involves you using Pending orders rather than manual orders and anticipating price levels where transactions will activate. Most manual systems can be traded this way and the more you use the system the better your entries will become. Remember to use the full screen option if you need to.