Hey Pharley...this is an excellent thread! Well done for starting it mate.
This is the first one I have subscribed to in FF and I couldn't stop from making my first post.
I believe PA on S/R is the simplest strategy and provides great R:R ratio. I think your strategy to enter trade on 50% retrace of Daily candle in 4H chart and more importantly adding trades as it goes in your favour is great and seems to work well. Also, the strategy is great for traders who have a day job as it does not require frequently looking at charts.
I find it very useful and it would help me in establishing the missing link between entering trade and taking good profit.
Looking forward to happy trading....
AA
This is the first one I have subscribed to in FF and I couldn't stop from making my first post.
I believe PA on S/R is the simplest strategy and provides great R:R ratio. I think your strategy to enter trade on 50% retrace of Daily candle in 4H chart and more importantly adding trades as it goes in your favour is great and seems to work well. Also, the strategy is great for traders who have a day job as it does not require frequently looking at charts.
I find it very useful and it would help me in establishing the missing link between entering trade and taking good profit.
Looking forward to happy trading....
AA