not your fault Jay , i edited , forgot to write that i am on demo ! but last week was on live, and i almost blew it up for placing a 20 pips sl before making a 500 !
Help to be helped.
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DislikedWhen using the H4 TF to look for 3 tap trades, if (say) tap 1 comes from the previous week, how far is considered too far to reach back?
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DislikedI'm sure this has been asked as a question before or a comment has been made but I can't find it on the thread.
When using the H4 TF to look for 3 tap trades, if (say) tap 1 comes from the previous week, how far is considered too far to reach back?
I've posted the EUR/GBP attachment to give an example of what I mean. Is tap 1 too far back? (Doesn't seem so in this case)
I'd appreciate any help you may be able to give me.
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DislikedThat might be to far back. I try to keep it within 5 trading days. And LG has told a few when asked as the week progresses stay within the trading week, one of the reasons for the weekly dividers. I think it is a personal call but I would not look back that far on H4 , daily and weekly are a different story though. Hopefully if i am incorrect LG or someone else will straighten us both outIgnored
DislikedI'm sure this has been asked as a question before or a comment has been made but I can't find it on the thread.
When using the H4 TF to look for 3 tap trades, if (say) tap 1 comes from the previous week, how far is considered too far to reach back?
I've posted the EUR/GBP attachment to give an example of what I mean. Is tap 1 too far back? (Doesn't seem so in this case)
I'd appreciate any help you may be able to give me.
AttachmentIgnored
DislikedHello Tarquin,
H4 3 taps are for current week, to look back further use D1 or W1 timeframes.
Post no. 4661 refers.Ignored