My path to financial freedom 17 replies
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My Path To Financial Freedom 221 replies
Trade Your Way to Financial Freedom......... 10 replies
DislikedStopped out.
This is a Peak and Valley trade.
Fib's + TL + PPZ break.
.Ignored
Dislikedcool
regarding the way you draw ........... trendline, it seems a bit ...... subjective, if you don't mind I say so ???? .......... I knew you are quite good at spot the setup using trendline, the thing is how to copy your success if I don't understand your way of drawing TL, what concerns me is the part that you ignor to some extent the wick in between two touches. I can draw them in similar manner to yours, but, I wonder I may be suspectable to curve fit if I do it the same way.
in any case, I have to reckon you are the king,...Ignored
DislikedLol...course I dont mind. TL's are subject IMO much in the same way that a PPZ is a zone and is not always to the pip.
I try to draw a TL connecting highs or lows...but the main focus is to catch the main trend of price it doesnt need to be exact and the longer the TL is drawn over the less exact it will be.
I don't give as much emphasis on a TL as I do on horizontal PPZ...I would take a trade based on PPZ alone but would rarely take trade based on a TL alone - unless it was a very strong / clear TL.
Probably not the the clearest answer for...Ignored
DislikedWhy does price really try and rub it in when you make an error...I was on the 1HR pin on UC yesterday short...but closed out early as had had enough for the day...lolIgnored