Disliked{quote} Start thinking about how you might add to positions. Under what conditions on each pair is this likely to occur? Structural considerations or number of pips or a combination of factors. Know what you total risk is should all of your stops get collected (unlikely but always possible). Masterrmind............Ignored
For the strategy we are using in this thread, I would like to operate in the following way
- Find the pattern ( quad candle + Murrey level )
- When the trade is moved at BE + pips, scale out in 4h tf ( or maybe to 1h ) to verify the flow to establish the swings and the ecpectations of the retracements
- Open the new position and depending on the structure of the flow, move to BE pretty quickly according to the high-low
I afraid I was not so clear ( sorry my language is not English )
I am attaching a chart of DJ30 with a real trade live, so that, "perhaps" I am more clear