Hello Vee,
(I'm saying this in a friendly, non-confrontational way)
It all comes down to how each of us interpreted Graeme's articles, for comparison here is my view:
I think that it depends on the TFs he is using, maybe he is taking hindsight from Monthly, filtering on Weekly and entering on 4H, how do you know the bias has changed if you don't wait for a candle to close ?
Well if you ask me, he did mention waiting for clear signs (candles closing on the higher TFs) before entering in the opposite direction. If you look back at the charts Graeme presented, there was the 2 weeks projects, he entered after an outside bar candle closed on the weekly confirming direction. (this is from memory, but I believe memory serves well).
Kindest Regards,
Cam
(I'm saying this in a friendly, non-confrontational way)
It all comes down to how each of us interpreted Graeme's articles, for comparison here is my view:
Quoting VEEFXDislikedhmm...last Outside Bar on Monthly:
....
you are letting too much of your hard earned unrealized profits to 'die' if you wait for Monthly engulf (i.e. outside bar) candle to close.Ignored
Quoting VEEFXDislikedp.s. If I am not mistaken, I don't believe Graeme has mentioned 'waiting' for anything to start a trade in opposite direction. It's all based on price action/interpretation based on your chosen timeframe.Ignored
Kindest Regards,
Cam