This is an awesome thread Quidsey. Your recent chart showing how the broken levels have been respected has been an amazing insight for me. This pattern is everywhere.
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DislikedHi Quidsey - fellow rugby fan so like the thread! Is this a valid U&U on the NU? {image}Ignored
DislikedQuidsey, Nice thread and thanks for sharing your strategy. Here is one I noticed on H1 EURNZD today, entry missed by few pips but structure wise looks good. {image}Ignored
DislikedQuidsey, As illustrated in your charts, this pattern has the potential to give some great R, if a trader decide to run it further than FTA, as imo majority of the time this pattern and entry level turns out to be start of trend reversal. Beside my main strategy which is Supply & Demand based, in next few weeks, I will do some back testing running different trade management scenario to see which one is more profitable. Moreover, I will keep forward testing this strategy on demo & live environment too. One of the other advantage of this pattern is...Ignored
Disliked{quote} How did you get on? looks like a bit of a chop fest. At the same moment you could have taken the same trade on EURUSD (2692) with a smaller spread and just 5-7pip drawdown, and it went for 40pips. Even better was EURUSD long @2608. I went long earlier @2666 stop @BE now, you never know might get a runner. I just don't see the attraction of these exotic pairs but each to there own.Ignored