DislikedYup, no need in my book to enter a trade, a setup did not materialise. Stay out have some coffee, unless you are a scalper. In my trading I never look for trades, I look for setups.Ignored
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DislikedYup, no need in my book to enter a trade, a setup did not materialise. Stay out have some coffee, unless you are a scalper. In my trading I never look for trades, I look for setups.Ignored
Dislikedshe's trying to seduce us into a bad trade...
she aint catching me the pute..Ignored
DislikedAnd that is when people lose money, they feel that they have to have a trade on. Not having a trade on is trading because you preserve your capital. I don't use the word "trade" I solely use "setup"Ignored
DislikedI don't mind explaining my thinking at all, especially as it is consolidating and there are no setups. I put a lot of importance in areas of consolidation/continuation as a breakout can be very profitable.
It may be a bit boring for some of the other guys on the thread though.Ignored
Dislikedi can promise you for new people on forex you're not boring, and it's really importante for us to understand your way to do. And in some way it confortable to see that we arrive at the same level and conclusion.
i think i arrive to see TL (on 1H) and see S/R on 15mn - 1H and define the level.
and know because of you i know how to regonise the break line (= a full candel green above the level for a buy) ( a full red candel under the level for a sell)
thks so much for time u spend to answer to us (new member)
and old forex people don't get boring...Ignored
DislikedCloggie, dont think it is a full candle but rather just a close above. The whole candle doesnt have to be above s/rIgnored
Dislikedbtw cloggie, you see we have still been closing below tl and sma...
break down still hot...
though it has to happen soon as support and tl creating triangleIgnored