Hi,
No need to be sorry.I like question and to answer them.
It dpeneds on the place where we are entering.However, thumb rule is that we place entry once slope change is confirmed.When a bar which caused slope change is closed, and new bar opens we enter a trader.This sort of entry is usally on repulsion fom a higher ema.
In case of pullback entry, we may enter before the slope change confirmation.When wma5 is flat, we try to enter in the market at
Koalchi Price.
Kolachi Method is valid on all currencies and commodities.Atleast I personally have used it on aussie,kiwi,all yen crosses,euro, swissie,cable,gold and silver.
There were three threads of Koalchi Method on Forex Factory but few days back they were destroyed by FF guys because they dislike word "kolachi".Indeed they were a great source of free instruction to traders.After destruction of Bunnygirl thread, destruction of Koalchi Threads is really a tragedy.
Now only fxfisherman is the source for free instruction on Koalchi Methods.
kolachi
Quote:
Originally Posted by 1234
Hi Mr Kolachi,
Usually when you put the entry?? Immediately after the slope was formed or you wait for 2 or 3 bars was formed after the slope?
And beside of GU,what else currency is very suitable with your method?
Very sorry with these kind of questions. I'm still new....thanks!
|