DislikedHi Everyone,
I am having difficulties understanding what do you guys mean by clearing the scout / wick line? And how do you guys define the scout line? If i am not mistaken, when price breaks the BO box, switch to 15min and look for confirmation from RSI or PA.
As for example, i have attached the euro chart as of today. I was following LG's timezone and using the exact template.
RSi was down. I supposed it was a sell for euro. Did you guys take this trade or i did something wrong here? Would appreciate if someone can explain to me if this...Ignored
Im not an expert with these, but if I understood correctly you opened your position just before London open. Ive had many trend turns and crappy deals especially at London open. I would suggest you to be cautios about opening positions +- 30 min from opening and glosing times. Maybe you should adjust your trading times so that you could take the opening and closing times into consideration. Just some thoughts´from my experiences which came to mind.