And, because of this price action, H1 will most likely revise its 46 pip RoR Range to something a bit tighter not to long from now. When it does, we'll monitor its breaking condition just as well.
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DislikedCommon sense, but I reviewed my posts from yesterday and realized that before going to sleep, I never posted a "Getting Flat" post. I should have done that. My bad. However, this is not a Trading Journal. This is a Trading Discussion on RoR Theory, Anatomy and Concept. Grasp the Concept first, the you can go out and experiment with it in a demo account.Ignored
DislikedHi JetTrader, I can see after reading your thread to completion what your sharing has much merit for the new trader as well as the more experienced traders. I can also see if the new traders would start out following what your sharing he/she would most likely save themselves many lost pips. For many its going to be hard to give up the flash & glitter that clutters most new traders charts. What your sharing I think I understand, but not totally as I'm sure the other parts not covered will no doubt get harder to understand. Anyway I will be following...Ignored