WBS Where are Buyers and Sellers
Trading using average rotation of swings (ARS)? 21 replies
1 trade per pair per year 6 replies
multiple systems per pair/multiple pairs per system? 3 replies
Trading 24 hours per day, 5 days per week 14 replies
Disliked{quote} ED forming the squeeze near market close, possible further followup on monday. {image}Ignored
DislikedHi janpec1000, What do you think about this chart? Does it look bearish to you? I remember reading not to look above M1...however I've just thought to ask for your opinion Thanks, Dragos {image}Ignored
Disliked{quote} If trade is taken it should be visible on chart. For equitiy charts its represented by blue (long) and red dot. On FX its standard Mt4 arrow-distance and should be visible on chart. In this case was just pointing out potential setup for entry. The entry is always on the supply takeout for long, after highs are taken out and the price bounces of by forming micro shelf. The price target for TP was reached in the case of setup even that it later crashed way down. The point of trading rotations is to take a structural target TP that usually...Ignored
Disliked{quote} Thank you, for your detailed response, clarifying your approach. So, on M1 we're scalping and more concerned with the setup than necessarily HTF orientation, if I understood correctly? With 1:1 RR emphasis is rather on win-rate to grow our equity? I went long on GBPUSD trying to incorporate some of these concepts. My actual entry felt it was on somewhat tenuous reasons to say the least = wing & prayer = gambling = bad. They say that the worst thing that can happen is a bad trade going in our favour(as such a reward can reinforce bad habits),...Ignored
DislikedGold potential rotation and bottom bake, will long retrace with pending. {image}Ignored
DislikedEA whole area supply takeout, no further upper reistance, solid potential for run. {image}Ignored