DislikedFor example in this case, iīm waiting for a possible retrace to the ma5/ma10. If it happens, iīll see if i got a code. If yes, iīll enter the trade and try to ride it untill the end of the bbma sequence. {image}Ignored
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DislikedFor example in this case, iīm waiting for a possible retrace to the ma5/ma10. If it happens, iīll see if i got a code. If yes, iīll enter the trade and try to ride it untill the end of the bbma sequence. {image}Ignored
Disliked{quote} ok, iīll try to explain a little bit more. The bbma sequence is always the same. The sequence is: Extreme + MHV ( not always ) + csde + csdc + re-entry + cs momentum + re-entry + extreme. The problem is we have to accept what the market give us, so, not always the sequece happens from the begining. If, for example, your main timeframe is 4h like me, and if iīm seeing a cs momentum, i wait for the re-entry. The re-entry is when the price retraces and test/re-test the ma5/ma10. After this, i will see if i have a bbma code. If i have a bbma,...Ignored
DislikedSystem seems reasonable for entries, but I did not find any info on stop loss and profit targets?Ignored
Disliked{quote} Thanks. So After Extreme A if CS couldn't break top/low BB.It's complete MHV. TP Wajib & A reverse candle after (CS couldn't break top/low BB) is not necessary to complete MHV?Ignored
Disliked{quote} After Extreme, TP Wajib, then MHV. If your at sell perspective, TP Wajib to MHV is also Reentry Buy (from buy perspective). Hence, TP Wajib after Extreme Sell ( assuming you are shorting the Extreme, it is mandatory to TP at TP Wajib (wajib = mandatory). Because almost always, market will try to retest back at previous high....and if theres novolatility (CS Momentum), only then it is considered MHV. ( MHV = forming after extreme, reverse candle, retest back at highest point ).Ignored
Disliked{quote} You can take multiple positions if you want. It all depends how much you are willing to risk.Ignored
Disliked{quote} I am not saying about multiple position. After CSM we get a buy reentry.After that market gone up but can't break top BB and reverse.Then we get another Reentry.Will we take this entry?Because after CSM we already got a reentry setup.Ignored
Disliked{quote} After you get a cs momentum, you have to wait for a re-entry. This re-entry is when the price ( candle stick ), is going to retrace and is going to test the ma5/ma10 and/or the mid bb and/or the ema50. After this step, you have to confirm this re-entry with the bbma code. If you have code, you can enter the trade. Thatīs it.Ignored
Disliked{quote} Cs momentum is not volatility. Cs momentum is when a candle closes outside the top/under BB.Ignored