Thank you FxCyborg for sharing and helping people. I've opened a 1000 euros demo account to test your strategy.
I hope I can explain well because my English is basic.
I think I've found a setup on USDCHF (1H) formed on 02/15/19, but I have some doubts if we can consider this setup as a valid, because if I lower the timeframe to 1 min, then I can see 2 setups formed and completed, the same day 02/15/19 (marked with blue circles).
So my question is if the price comes back to the entry level, Can we enter with this setup? or is better to pass because orders have been collected and now the setup is invalid?
Also, I would be happy, if possible, a more specific explanation about how market makers work. This is a topic that always interested me, but it's very difficult, if not impossible, to find information about this topic.
I hope I can explain well because my English is basic.
I think I've found a setup on USDCHF (1H) formed on 02/15/19, but I have some doubts if we can consider this setup as a valid, because if I lower the timeframe to 1 min, then I can see 2 setups formed and completed, the same day 02/15/19 (marked with blue circles).
So my question is if the price comes back to the entry level, Can we enter with this setup? or is better to pass because orders have been collected and now the setup is invalid?
Also, I would be happy, if possible, a more specific explanation about how market makers work. This is a topic that always interested me, but it's very difficult, if not impossible, to find information about this topic.