what if we go back to 1H charts too.
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DislikedI had to take a loss on both of my trades CJ & EJ. Very important note: Never against the trend, duh.Ignored
DislikedSorry to hear that Spoof, 100% a tough week. I used this weeks market illiquidity as a good testing period, price is choppy and truly unbalanced therefore unstable because of it. As a result the 4hour has been affected whereas the safe characteristics we know were lost and if you were not checking that you are correct in a higher trend signal direction i.e. the 1day undoubtedly you got stopped out but if you did you may have been fortunate to see your price range without moving away too much on some assets. Imho. No investor appetite for risk across...Ignored
DislikedIf you use 4 hour time chart then u need to catch the begining of the trend , specially if u want a 2R or 3R ! There are 2 different ways to indentified a Trend change . Break + Retest of Resistance ( Resistance becoming support) The yellow signal 5 is the entry but what has todo with TMMS signal ????? In Line 5 is no any sign of a TMMS signal . After the Break and confirm of the HL to LH switch to H1 chart and look the TMS signal !!! ( PIC 2) In this trade the SL will be above the entry candle ~ 30 pips and unfortunely he runs only ~ 40 pips !...Ignored
DislikedThis is what we are fighting trading a momentum based strategy. Historically low volatility in forex. Like squeezing blood from a stone right now. {image}Ignored