The next trades we're REALLY waiting for which should produce nice big moves is for the day ROI to X back in the direction of the overall trend on EURUSD and USDCHF. Once this happens, we'll be trading the 4hr, 2hr and 1hr X's in the direction of the day ROI which will of course at that point be the direction of the day. For an example of the day trend and day ROI being in agreement, read the "Day BB's" blog as well as "EURUSD Current" blog for examples of trading the hr ROI X's with the day.
In addition, we've drawn our 4hr trendwall signal lines on EURUSD, USDCHF, GBPUSD, EURJPY and will trade the breakouts/breakdowns if the ROI is in the proper direction. This image is VERY cluttered but it shows the trendwall breakouts/breakdowns on the EURUSD for the past month and a half. Only the ones with the blue and red vertical lines are the ones traded that met all the rules.
~ Patrick Williams - FXM
@patrickfxm
