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Disliked{quote} Thank you! Do you pay attention to structures like key levels or certain price action to make up your mind? Good trading anyway.Ignored
Disliked{quote} Hi FH, .... Please have look at the chart below... we can find the peak area , chart will tell you exactly ....at S/R area you need to be patience to observe before you execution to entry to the market .. remember price action signal at this area when the price start break out the key area and the critical area ... And Price Action signal to confirm of trend continue going down ... In The H4 Chart .... do the same critical area point and the Key area point ... {image} {image} {image}Ignored
Disliked{quote} Hi FH, .... Please have look at the chart below... we can find the peak area , chart will tell you exactly ....at S/R area you need to be patience to observe before you execution to entry to the market .. remember price action signal at this area when the price start break out the key area and the critical area ... And Price Action signal to confirm of trend continue going down ... In The H4 Chart .... do the same critical area point and the Key area point ... here is H4 GBPAUD .... {image} {image} {image} {image}Ignored
Disliked{quote} Thank you mrhb30jr for the insights. I also take into consideration the previous day's high and low. Your key level indicator looks great, can you share the name? THanks. Thank you RobDragon. I will test your 60min - 5min system. It makes more sense to trade with the momentum from a higher timeframe. Overall, thanks, Rocky for sharing the system. I learned a lot from this topic.Ignored
DislikedAnyone can be shared template for this strategy? It will be beneficial. Thanks in advanceIgnored
Disliked{quote} Thanks. I was asking about the indicator that draws support and resistance levels. It seems to be a feature of the zigzag indicator that you use. However, zigzag alone is good enough for mapping out tested sharp points = key levels. Thanks. Can I ask about your process of picking pairs? Do you keep a watch list or use the currency power to pick potential pairs for the trading session? Thanks for your responses. I do appreciate the help from you guys.Ignored
Disliked{quote} FH33, yes that will help to see the strong of currency, every weekend normally i already choosing my pair to be watching for the coming week, i draw S/R in my chart and indicate potential of the pair to be trade ... that we call them the plan of trade ... base on this i will work out for the coming week, i just trade base on the listing that i was preparing ...that all,...Ignored
DislikedOn AUD JPY One year Back test the strategy discussing on the forum here has good winning rate . winning rate over 53% . Risk Reword is 1:1.5 only 1% risk per trade {image} {image}Ignored
Disliked{quote} Hi bigband, since you only take one trade a day, is there a preferrer session or other rules to clear out false signals? There could be tons of false signals in M5 if we only take the 2 rules (Long: price above 20EMA, W% above -50).Ignored