DislikedGone short on Gold.. Price has proceeded below previous candle which had Red line crossing through it. We now wait until the 1st pull-back to draw a new line. Green lines show where previous trades entered. {image}Ignored
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DislikedGone short on Gold.. Price has proceeded below previous candle which had Red line crossing through it. We now wait until the 1st pull-back to draw a new line. Green lines show where previous trades entered. {image}Ignored
DislikedGo5 just how many posts of Ralffes' thread have you READ ....... Did you perhaps see ANYTHING ABOUT THE ANGLE BEING TOO SHARP ... go read it all again ... sheez RE WATCH THE VIDEOIgnored
Disliked{quote} You could. But would that be a wise decision. Only time will tell.Ignored
Disliked{quote} Let's see if I can reformulate my post: The gold line in the chart below is what I would expect to be a good one. The red line seems too steep and gives way for your entry. The red line in your post does not follow the last lower high -higher low but goes under the low of the 5th candle before your entry - why? {image}Ignored
Disliked{quote} Have same question here...cant see why you entered if there is no break on the TL yet. {image}Ignored
DislikedTherefore, SL 20 pips above / below last high / low. SL becomes TP. {image}Ignored
Disliked{quote} To double check, you mean 1:1 RR, so if 300 pip stop, then 300 pip target ?Ignored
DislikedWho said anything about a 20 pip SL Please read what I say carefully. SL is set at 1st entry 20 pips above / below last high / low. As the line is moved SL is reset 20 pips above / below last high / low. Is this not simple & plain enough.?Ignored
Disliked{quote} Very good. You can now move your 3rd line up or draw a 4th if you prefer.Ignored