Some questions based on Muhammad chart , post #8439 .
Price is zigzagging above and bellow the dragon. I will not say price is within a t....., but this 2 TL, a+b ,are making IMHO , a "problematic" structure of LH & HL.
I have marked 3 possible entries that could have become fake breakouts .
M. trade , marked on blue hit tp.
My questions :
1. What comes 1st ? Big picture PA or dragon setups ?
2. Are we supposed to take those trades (1, 2, 3 + Muhammad's trade) if we take into consideration the PA structure that is making LH & HL .
3 .The trade on blue was triggered on news time (Retail Sales) ...
Do you recommend to trade news ? price can easilly go up/down 50-100 pips in seconds...
Tks for your comments
David
Price is zigzagging above and bellow the dragon. I will not say price is within a t....., but this 2 TL, a+b ,are making IMHO , a "problematic" structure of LH & HL.
I have marked 3 possible entries that could have become fake breakouts .
M. trade , marked on blue hit tp.
My questions :
1. What comes 1st ? Big picture PA or dragon setups ?
2. Are we supposed to take those trades (1, 2, 3 + Muhammad's trade) if we take into consideration the PA structure that is making LH & HL .
3 .The trade on blue was triggered on news time (Retail Sales) ...
Do you recommend to trade news ? price can easilly go up/down 50-100 pips in seconds...
Tks for your comments
David