[quote=vinicio;12828452]
Sure,
This was Friday on GU M15 that I actually traded:
DislikedHi Akhaldanos. Thank you for sharing. Could you post an example? VinicioIgnored
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This was Friday on GU M15 that I actually traded:
- First Touch - checked. It was the first come back to the 35/50 after the morning thrust up crossing the 35/50 from below.
- 35/50 slope - steep angle - checked. At the moment of the First Touch, 35/50 are clearly sloped up and steepness seems good enough.
- Strong Thrust crossing the 35/50 - checked.
- 35/50 closely together - UNCHEKED. At the moment of the First Touch, 35/50 are apart.
- HTF in agreement - checked. The dotted lines are 10/35/50 on H1 and they are supportive to the upward direction
- Market/Session opened - checked. The setup was during the London session. One opened market is enough.
With 5 boxes checked, you can qualify this setup as AA. If you decide to trade the Second Touch in this example, uncheck the First Touch box and you get an A setup.
If you are not an experienced trader, keep in mind the following: this is not a sure thing tool. In your practice you WILL see A-AAA setups failing miserably and B-C setups work out nicely, but I believe the odds for a good potential profit (depending on your execution skills) will always be better with the higher ranking setups.
I don't trade anymore. I just gratefully accept what Market has to offer
Akhaldanos FX1 Return This Month:
na
1