This trade was an AAA according to the books.
It was an H4 10EMA touch in confluence with Daily Pivot. And the H1 chart shows that the entry was exactly at the H1 35SMA.
I got +12p with this one, but as you can see these H4 AAA Setups can give a lot more. Is giving more that 70 pips already.
I took the profit in just a few minutes, I did that because with AAA CHOROS setups you will always get your 10 pips (This is Kostas addition to the method); Is when you try to get more pips that you end at Break Even or loosing. Nevertheless, I've seen these H4 AAA Setups working so well so many times, that I'm considering let these trades run longer. For example if I would have let this trade run for 3 hours, I could have gotten 70 pips. The thing is not to freak out when price is returning to your entry point, as you can see in the H1 chart, that happened on the next H1 bar after my entry.
It was an H4 10EMA touch in confluence with Daily Pivot. And the H1 chart shows that the entry was exactly at the H1 35SMA.
I got +12p with this one, but as you can see these H4 AAA Setups can give a lot more. Is giving more that 70 pips already.
I took the profit in just a few minutes, I did that because with AAA CHOROS setups you will always get your 10 pips (This is Kostas addition to the method); Is when you try to get more pips that you end at Break Even or loosing. Nevertheless, I've seen these H4 AAA Setups working so well so many times, that I'm considering let these trades run longer. For example if I would have let this trade run for 3 hours, I could have gotten 70 pips. The thing is not to freak out when price is returning to your entry point, as you can see in the H1 chart, that happened on the next H1 bar after my entry.
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