Hi all,
In wich case and what prices (H,L,C) take to recalculate after Asian session please ?
In wich case and what prices (H,L,C) take to recalculate after Asian session please ?
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DislikedI know it has been mentioned, but anybody know which values to use during recalc of asian session? I`m a bit confused as to it`s the HLC of the asian session, or the 50% phase of one of the templates, or one of the "resistances" in the daily interpretation +1 pip?Ignored
DislikedHi E Trader
I have a question for you.In Asian session 2nd low breakout was triggered after Pullback Level at 1.3918 was hit.Would you have taken that trade ?
The 1st breakout wasn't valid as price didn't penetrate 1.3984 from above from above.
Also I like your layout.Nice and easy to see the entry point and target.
Regards,
VIgnored
DislikedFor the version 3 calculator you need the HLC, I don't usually recalculate though until one of the targets have been hit, then I do it.Ignored
Dislikedhi segaram
congrat you got the pips,juz check with you that, the 7pips here u mentioned means that we need to deduct from 1.4055 in order to get th TP?!sorry, i am still new to this system...n thank you...Ignored
DislikedPersonally, anytime I'm LONG, I deduct 10 pips from the TP calculator gives. When I'm SHORT, I simply add 10 pips to the TP level the calculator gives. Many times I notice price reaches the target level to within 7 pips. Simply put, I'd rather be profitable than correct to the pip, if you know what I mean.Ignored
DislikedWhich targets?
I`ve recalced the asian session, and the daily power sentiment @ 1.4008 has been broken, which means price should eventually reach 1.4091?
It`s reached high breakout target 1 and then some.Ignored
Dislikedthanks segaram
i totally understand your meaning,and i just wondering how they keep mentioning the asian session, do u also understand this?i m a bit blur with this asian session recalculation.please kindly guide me... thanks broIgnored
DislikedHi E Trader
I have a question for you.In Asian session 2nd low breakout was triggered after Pullback Level at 1.3918 was hit.Would you have taken that trade ?
The 1st breakout wasn't valid as price didn't penetrate 1.3984 from above from above.
Also I like your layout.Nice and easy to see the entry point and target.
Regards,
VIgnored
DislikedHi Lucky Lady sorry to bother you again.
Similar question to the 1st.
1st Breakout to the downside triggered.Do you take this trade or do you ignore once the bullish trade was triggered earlier.From what I have seen you tend to indicate that once a trade has been triggered and completed you re-calculate and you use the new figures. Yes it would be wise for once a target has been reached to than recalculate and see if the recalculation points to the same bias or there is a change.
So I assume when you do this...Ignored
DislikedVillonius,
This is all what I have how to recalculate new targets.
In regards to recalculation there is no set rule.
If you wish to recalculate after every 4H bar than you can do so.
Bobi has mentioned that this method can help you to find where a 4H bar will close.
So if you want, you can try recalculating after a 4H candle close.
You can recalculate at the end of every trading session, or use a swing high or low point.
There is no set rule on how to recalculate.
[color=black][font=Verdana]Recalculating...Ignored