Disliked"Scout's" ...
I am seeing this being referred. I didn't see this in the rule book so I am not sure if its part of the system or not. I read some past posts and I just want to make sure I understand what it is.
Instead of setting up for example a long EP to TP at a predetermined price a Scout is going along with the same process of EP but simply with a tight Stop Loss instead of a TP price. Am I correct?
Is there any understanding that can be used to decide between if a Scout or a TP price should be chosen? Thank you.Ignored
Hi SIngha,
I have been reading this thread for sometime as I follow the 34EMA wave trading method.
You want to learn to scout trade, well you must read at least 500 pages of this thread. Just use the FF search function and read those posts.
I don't see many members here posting their scout trades. If you are new to spot forex trading, you should learn to trade with the market primary trend. For example with the GJ pair in the recent weeks. Which trend do you trade this week?
Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett