Disliked{quote} Emm,my question to you is why do u use 2/8 of W1,sicne we are trading 4h-1h-15 min,is it not good keeping 2/8 of D? please share your thoughts behind it,thnksIgnored
when we the 4hr, we can trade the H1 and M15 during a H4 candle period.
we do not limit ourselves to trade the H4 reversals with APB/HA #1 and APB/HA#2 entries.
We can trade in an established trend or the new swing of 3 to 8 candles after the first reversal. Be mindful, that a new H4 trend after a reversal can run more than 8 HA candles, the weekly has 29 (30) candles in one week.
This is the reason why I look at the weekly for many information when I prepare my trade plans. The Trend 2/8 is just one of the many information I have to work with.
Remember, Big E was a Synergy system trader. What did he learn from Dean Malone about how to spot market swings and trends?
That one of three important things of the Synergy trading model is the Price Action Channel PAC. Big E knew this but he removed it and replaced it with a 5EMA Typical Price,, Shift+2, (then later +3). He learn this displaced moving average from another trader. Google "displaced moving average" and study more.
Can you do your H4 top down analysis with this 5EMA and see the higher timeframes?
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But what is Trend 2/8?
Why use Trend 2/8?
will be answered in a separate post.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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