Thanks for posting your trade. Those rules were tested for the 1 m chart. Also there is a mistake in the V4 mtf template. The second mtf histo in that template just repeats the first. Instead its settings should be 15m slow, 30m fast, 30m slow and 60 m fast. The usual THV rules still apply - the trade should be above/below the cloud and coral. The only rule that the 6 lights method gets rid of is that the trix doesn't have to be crossed on the 1m in order to take the trade. Only the fast trix has to point in the direction of the trade and the 5m fast trix also has to point in the direction of the trade.
I cant correct it because I can't post to the first page.
I cant correct it because I can't post to the first page.
DislikedHey peeps
My first chart posting on FF.
I'll admit I'm new to FX and today is the first day that I document my entries instead of just entering and exiting. Trying to take responsibility of each of my thread.
If anyone is free, please do feel free to comment on my chart. I would love to hear your feedback. Thank you!!
Entry: Long @ 1.31388 (First Purple Line)
Exit: 1.3144 (Second Purple Line)
Pips: 5.2pips
TF: 5min
Entry reason: 6 lights, above coral and touch cloud
Exit reason: I really don't understand where the trade wants to go, it is...Ignored