DislikedLet's try again. EURGBP. 1 - HL 2 - LL and waiting for 3 - HL. Am I getting it right? {image}Ignored
The next candle doesn't make a new lower low.
Enter as price crosses back over 87587 level.
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DislikedLet's try again. EURGBP. 1 - HL 2 - LL and waiting for 3 - HL. Am I getting it right? {image}Ignored
Disliked{quote} Thank you! Strange, but when I click on attachments, I only see 16 and "smHiLoOpen lines" is not there. Found it elsewhere. Attached for future reference. {file}Ignored
Disliked{quote} Why are traders posting HOLO indicators in this thread? That will only confuse others! Please remove.Ignored
Disliked{quote} You have a new Low on the day (2). The next candle doesn't make a new lower low. Enter as price crosses back over 87587 level.Ignored
Disliked{quote} Why are traders posting HOLO indicators in this thread? That will only confuse others! Please remove.Ignored
Disliked{quote} These are nice one's where the trigger bar opens near the close of the last bar ( arrowed) and then quickly retreats past the open of the trigger bar.Ignored
Disliked{quote} Hi, hal7! Can you elaborate at what point you entered? After confirmed 'W' or third kick at the level? Also entered, after the 'W'. Curious how the professionals do it.Ignored
Disliked{quote} Hi, hal7! Can you elaborate at what point you entered? After confirmed 'W' or third kick at the level? Also entered, after the 'W'. Curious how the professionals do it.Ignored
Disliked{quote} Thank you very much for your feedback. Just to reiterate. 1) As you pointed out, the next candle must not make a new lower low. Otherwise, the chances of a reversal diminish significantly. 2) 87587 is the opening level, where the candle "turns green". Correct?Ignored
DislikedHi Guys & Gal's Out of interest I'm wondering how many Pip's per trade you generally chase with this method? I usually chase 20 give or take as I am trading with cents per trade so not making much coin otherwise. Additionally does anyone take 2 positions on a setup and close 1 after a few pips and let the other to run until a reversal or level is reached? Cheers DMIgnored
Disliked{quote} Happy man, that arrow is the low for JY that hour, the next hour is where I make my decision to enter the trade that is at the open price of 120.20 so as soon as price moves about that it would be the entry. In this case I got in at 120.23 and it took some time but price eventually moved all the way up to 120.31. The trading method is quite simple, as stated in the name. Once you are in the trade you will then manage it to your liking, everyone is a bit different on that. I take a partial profit at +5 and see if the rest will keep moving....Ignored
Disliked{quote} Happy man I notice you are jumping from thread to thread, gleaning little from each, and making it apparent that your knowledge of 123 is very flimsy, showing a lack of, or very shallow, reading. May I suggest you read from Post one onward and carry out many demo trades. That would give you the experience and knowledge to reduce the need for asking questions, the answers to which are found within this thread. Good luck.Ignored