DislikedBy the way LT1C setups is one of the most successful scalping setups I have I don't recommend it for the poundIgnored
What you mean by pound, do you mean GBPUSD only or the rest of pound symbols (GN, EG, GC, ....)?
Best regards
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DislikedBy the way LT1C setups is one of the most successful scalping setups I have I don't recommend it for the poundIgnored
Disliked{quote} Many thanks for your time, I started to read your other forum as well, it gave me a very valuable information and I will spend this weekend to view old setups. What you mean by Pound, do you mean GBPUSD only or the rest of pound symbols (GN, EG, GC, ....)? Best regardsIgnored
DislikedHi Atheer, Would you please let me know how I can differentiate between the below two situations, the top one is not valid setup but the bottom one is very good. what is wrong in my understanding, I see the two situations are the same. Best regards {image}Ignored
Disliked{quote} Only the last one is right others 1st condition type 1 candle is not ok 1st candle in setup should be type 1 candle at least touching the bb extremes 1st candle should be bear in buy setups and bull in sell setups all the couples you highlighted were missing a type one candle except the last one from right is ok sorry 1st one is ok also Mostly I use no filter for this but shape of candles mean many things for meIgnored
Disliked{quote} Would you mind to encircle the candles so that I know which one you mean 5 minute chart which method you ask about You are posting a 5 m chart GBPAUD pair LT1C setups originally used for scalping 1 minute chart If you want to adopt it on 5 minute chart by putting horizontal lines every 5 pip to determine type 1 candles(although I did not test that After reviewing the chart you posted I did not found any valid setup for this method of entry Would you mind to accurately show which candles you see as setups so that I can explain to you whats...Ignored
Disliked{quote} 2nd chart - the bull candle (first candle) was not a type 1Ignored