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DislikedJust an update to my earlier post. I ended up not taking this trade which ended up being a wise decision. I was long on Euro based on another system and it didn't make sense to short Aussie based on just overlapping Fibs.Ignored
DislikedI have been following this thread from the beginning. I must commend your efforts for taking time to analyse and give useful hints about the market. It is a difficult thing to do, especially the way you combine it with your own trades. However, I would like to know why you prefer entries from the H1 Time Frame, because sometimes the H4 actually provides similar or better entries. For example, I followed the GBUSD through the H4 and I was also able to get some reasonable pips. Again keep doing this wonderful job.
E ku ise o.Ignored
Dislikedi think you have might missed on your short entry. i would take a small position here just in case the price won't retrace, and if it does, just add to the short.Ignored
DislikedHi Biz, actually, if your entries are based on certain defined parameters, you would always miss quite a number of trades; but you won’t see the missing trades as lost opportunities, since, within the context of your edge, they were not opportunities in the first place.
I’m sure your trading parameters identified an entry opportunity when you took your small position; however, mine didn’t. I wish us all a profitable week.Ignored
DislikedQuite right Tunji, In order to keep the thread focused on its original system, i stopped posting my trades since the criteria i use is a bit different from yours. Perhaps others too should keep their postings here in line with the stated criteria so we wont get others (especially newbies) confused.
Wish you all a pipful week.Ignored