Disliked{quote} If you mean the one earlier in the day, i didnt get it ,too early for me , but some in the group did. They should have woken me up ehIgnored
Thank you and cheers.
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Disliked{quote} If you mean the one earlier in the day, i didnt get it ,too early for me , but some in the group did. They should have woken me up ehIgnored
DislikedHi Rifid, Thanks for posting the concept and the continued feedback along the way. I tried my first demo test of the concept last night. It didn't work out but a fresh look at it this morning made it clear why it was flawed from the start so at least I learned something from it. One question I haven't seen in the thread so far though is when you see setups on multiple correlated pairs (i.e. E/J and G/J, etc.) do you typically take the better looking one, take both or split your risk (i.e. take 1% on each rather than your usual 2%)?Ignored
DislikedRifid, Thank you for your method, I don't call it a system because it is screen time what makes it work. I have observed this PA over years but never put it into something. I have been trading H1 for some time but I might steer to M5 and it's great to hear that you were trading it for long time with success. I hope to contribute to this thread as well as others. Kind regards, Airidas P.S AUDJPY might drop something..watchingIgnored
Disliked{quote} Based on what I understood, I've drawn the entry line on the second (and third, nearly) point; the first point was a bit higher, which is perfectly ok for a short trade based on rifid rules. Do correct me if I'm wrong. Thanks. Quoting rifid from post #44: "...you need a minimum of 2 to qualify and they need to be inline forming resistance ,although the second or last one can be slightly higher ,but not lower." <-- this is for a long setupIgnored
Disliked{quote} Based on what I understood, I've drawn the entry line on the second (and third, nearly) point; the first point was a bit higher, which is perfectly ok for a short trade based on rifid rules. Do correct me if I'm wrong. Thanks. Quoting rifid from post #44: "...you need a minimum of 2 to qualify and they need to be inline forming resistance ,although the second or last one can be slightly higher ,but not lower." <-- this is for a long setupIgnored
Disliked{quote} Learning here as well....I don't see where your second point hits as well. Your first point hits the line just before 18:25. Where is your second point?Ignored