Disliked{quote} Remember though, as per rules, you enter as price crosses the open level of your second bar.Ignored
sorry edit
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Disliked{quote} Remember though, as per rules, you enter as price crosses the open level of your second bar.Ignored
Disliked{quote} Thanks, what am still struggling to see is the entry on the second candle/bar. How do you enter with assurance on the open of the second candle/bar without waiting for the whole candle/bar to complete first? It seems to me that the second candle could still shoot on through up past the original candle and then invalidate that candles higher low/high?Ignored
Disliked{quote} The ultimate in security would be (once your second H1 bar opens), drop to the m5 / m1 and wait for pa to show you the way. If you get an immediate move away, with no "test" at all, then you can look for a pull back and retest of the entry level and still get in near enough where you would have anyway.Ignored
Disliked{quote} Thanks, thats what I thought, I was considering down to the 15 as you can often see it come back to retest that second open price, but I hadn't seen that demonstrated anywhere in the thread yet so wanted to ask.Ignored
Disliked{quote} Generally we respect TooSlow's wishes and promote the method as per his rules. Anything over and above that is down to individual preference. Finally, one more way to run an entry, is to drop a fib over bar #1 and then if and when price goes to test the high / low, then if, on the m15 price fails to close over the 50 level, the likelihood is that price will turn and continue in your favour, so feel secure in your entry. If price closes above, then it will be more likely to keep on going, so more caution is advised. Again though, that's nothing...Ignored
Disliked{quote} Thanks, what am still struggling to see is the entry on the second candle/bar. How do you enter with assurance on the open of the second candle/bar without waiting for the whole candle/bar to complete first? It seems to me that the second candle could still shoot on through up past the original candle and then invalidate that candles new daily low/ high? sorry editIgnored
DislikedLet's suppose we have a big candle with a big shadow. Do you would take the trade also if the next candle goes up a little bit? Or you want to see a big shadow too for taking the trade? In this case the second candle went up a little bit, then down, then up a lot {image}Ignored
Disliked{image} Sometimes when you are in a trade and news breaks it's pretty cool, sometimes not, this time it was...Ignored