is that ok to enter before daily close? Or could it be it was an H4 entry?
Thanks.
Oskar
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Disliked{quote} Hi Ghous, Kerinsp, is that ok to enter before daily close? Or could it be it was an H4 entry? Thanks. OskarIgnored
Disliked{quote} Honestly bro I am not too sure what triggered that trade for you. g.Ignored
Disliked{quote} It's okay. Tom (The Wizard) enters as soon as the 1H fails to close below. And as I remember he says as well "if we broke - even with one pip" - he is in. (Of course assuming that we got space etc.) However he would have quit right when the 1H closed below this level. I dunno. Maybe a Break even after seeing that shitty bearish pin (just right before it broke down and close below.) Sh*t happens... Was a nice setup though considering the fact that price kind of accelerated into the area thus creating some space. StephenIgnored
Disliked{quote} Hi Stephen, that's interesting. So let's say I go for a more conservative approach and rather wait for a daily close. Before entering I will chceck also the H1 closes and when I find a close below, it means the setup is already invalidated even if the daily close is ok. Is that correct? OskarIgnored
Disliked{quote} Hi Stephen, that's interesting. So let's say I go for a more conservative approach and rather wait for a daily close. Before entering I will chceck also the H1 closes and when I find a close below, it means the setup is already invalidated even if the daily close is ok. Is that correct? OskarIgnored
DislikedHi Pinbar, Yes, checking the lower TF reminds me more of Jarroos HCR-LCS signatures, but it could be that Tom uses them as well in SFP setups. Sometimes it is hard to determine what TF fits the SFP setup and that could be confusing when we wait for confirmation. Like it was here . (For me a clear weekly setup, while Ghous is OK to wait for daily close). Also I was a bit confused when I saw people are juming in trades before the bar closes on particular TF. I know the higher...Ignored
Dislikedstopped out on that cadchf and then it rallies today. crap. Next up eurusd screaming to a level of interest. {image}Ignored
Disliked{quote} Hi Ghous, Kerinsp, is that ok to enter before daily close? Or could it be it was an H4 entry? Thanks. OskarIgnored
Disliked{quote} I must be missing something here as, it closed below the level? Still, it has more space going for it, than the #SQ3 setup I jumped the gun on. {image}Ignored
Dislikedstopped out on that cadchf and then it rallies today. crap. Next up eurusd screaming to a level of interest. {image}Ignored
Disliked{quote} yes it did Steve, Kerin just showed a chart without any mentions of any trades that he took hence I thought he was just pointing to a "potential" setup to which I quite willingly nodded to. This was always going to be a pass for me when price closed under the LLS. g,Ignored