B4 Elvis there was nothing
- Joined Oct 2020 | Status: Member | 5,989 Posts
B4 Elvis there was nothing
One trade per daily bar, or per X bars on current timeframe 0 replies
1 trade per pair per year 6 replies
multiple systems per pair/multiple pairs per system? 3 replies
Trading 24 hours per day, 5 days per week 14 replies
Disliked{image} The Hanging man and inverted hammer are two of the easiest setups imo. i look for them on all pairs 1hr 4hr and daily tf. back test them over weekend and see the results for yourself ---- dont believe an idiot like me you have to prove them to believe them. The bigger the time frame the more pips on offerIgnored
Disliked{quote} I guess apply it into trend is much better win rate. i used to use those candlestick pattern for reverse but win rate not really good. maybe is myself not enough familiar with it. twice mistake this week and same mistake, counter trend with indicator set up divergence but failed at strong downtrend at gu and eu. overall still green this week.Ignored
DislikedIt's somehow scary to me. Last year you were happy to see daily ranges on GBP/USD exceeding a 70 Pips high/low and now you have M1 bars in the middle of the night putting in a 180 Pips? How do scalpers handle that? Say you did everything right the textbook are telling you and placed in your -10 Pips stop loss but due to extreme volatility you might get slipped and your order first filled at -150 Pips? Say the 1 Pips would mean you are risking -1% of your account. Good night? I think that's where you then happy to have at least a broker offering...Ignored
DislikedIt's somehow scary to me. Last year you were happy to see daily ranges on GBP/USD exceeding a 70 Pips high/low and now you have M1 bars in the middle of the night putting in a 180 Pips? How do scalpers handle that? Say you did everything right the textbook are telling you and placed in your -10 Pips stop loss but due to extreme volatility you might get slipped and your order first filled at -150 Pips? Say the 1 Pips would mean you are risking -1% of your account. Good night? I think that's where you then happy to have at least a broker offering...Ignored
Disliked{quote} excellent thread! thanks for the great info... love the m/w explanation... at the high/low is usually the best set up on any pair from what ihave seen...Ignored