DislikedAlmost picture perfect PRICE movement on AUDCAD to demonstrate this method 1. Monday Low 2. Tuesday High 3. Wednesday pullback to 50% 4. Takes the breakout entry with momentum candles 5. Breaks out at last week's high (as a reference only) 6. Missed the 2 to 1 Take Profit by 1 pip, so not perfect {image} PS: experimenting with entry at 10% of range and stop loss at 40% - why? I figure trades that go the right way, they don't retrace, so need to have the target closer, risk is same anyway, someone can backtest if they likeIgnored
Pardon me for asking this question, may I know how do you get the Fibo setting in your picture?
Thanks in advance.
Trading is not easy