Disliked{quote} Hi Niki, SPOT ON, you've got it. Take a look at the Chart, below, see if it helps {image}Ignored
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Disliked{quote} Hi Steve yes that was in the back of my mind only after I placed the trade. When price rejected from the swing level I started to sweat a bit! Good thing its only a demo account. I must say your recent charts have really helped me no end! CheersIgnored
Disliked{quote} I very much like your strategy too bad it no longer works on EURUSD due to the low volatility of the pair averaging only 46 pips these days.Ignored
DislikedHi Stevepatt, very cool thread, thanks for that! I find very interesting your observation (https://www.forexfactory.com/showthr...7#post12663177) what happens to price when we see a break and close above/below a previous H4 bar. I draw some of those levels to EURUSD chart and it's very interesting. However, there still exist a couple of levels that have not been "closed". I will take a closer look Thanks K. {image}Ignored
Disliked{quote} Hi Hutch, The further you can drill down the tighter the Stop needed and the tighter your TP will be. I only Trade GBP/USD because of the greater Volatility. I'm, now usually looking at a 5 Pip Stop and 10 to 20 Pips TP {image}Ignored
DislikedTake a look at the charts and see if it makes sense. {image} {image} {image} {image}Ignored
Disliked{quote} Sail on the wawes! Yes, it does make sense and I understand this concept. However, I'm not sure how do you draw your levels (Asia session, high/lows, H4 breakout and close above/bellow, last candle before inefficient leg, point of origin?) Thanks K.Ignored