Check it out. Dont know if something like this is even possible. Could just as easy leg down break resistance instead of up. If rate cuts start in june maybe second chart look.
Recent drop on gold: image Let's see if we could refine it: image Yes, it was H&S, and the entry was hooked to original point of departure to break 1st candle low. Red ...
In summary, your strategy assumes that after the second candle, for example bullish, the third follows the same trend. The rest is to confirm the entry for example with a pullback ...
Thank you! I have a 19 year old daughter who has watched me trade practically since she born as my trading monitors were always in a place where she had to see them every time she ...
It doesn't matter. Your equity probably changes a few percent in 3 weeks interval you use in your backtest. That only means the most recent trades weigh a few percent heavier in ...
//----- if you open accounts with all those brokers , the least of your concerns will be mini or micro..... the concern will be following the small letter rules...... it will be ...
Amazing work RH It produces excellent results οn the daily chart which I tested.
I won't go into a whole discussion because I'm not that capable, a bit outside the scope of thread and people are sensitive and many (in the west) also brainwashed with ...
Actually you gave me an idea. And I'll name this setup after you. Flash Setup. And it's really simple. Bullish setup: 1. 2nd candle breaks 1st candle high and closes near high. 2. ...
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It happens almost everyday, many traders or bots have their stop orders placed at breakout levels, be they PDH, PDL, PWH, PWL, PMH & PML Fear of Missing Out plays into this, ...
Have a happy & wonderful weekend, Buddies!
You are not alone, I made mistake too this Friday. I use micro to copy trades all my $50k PA accounts, and mini for my $250k PA accounts. When I traded my $50K accounts, I clicked ...
State of play: * Wkly did close bullishly but it needed Friday's market to do it after the wkly lo was recorded that day, followed by a strong upside move. So, a small upside ...
Spot on Shabs, These are day to day observations that traders can easily make & employ. And also on that exact similar horizontal plane was a past London Open thus lining up a ...