AUDUSD about to close on H1, if it does it confirms to enter {image}
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Heya Daz!
As i see you united the Monday-Tuesday strategy with yours?
As i can see from the chart you provided - you wait for the Monday-Tuesday range to be presented. Your entry level is +15% of the range (your SL is at 50% or...?). Than you switch on 4 hour chart to check for the setup of 3 fractal bar. And if you see the setup - you switch on 1 hour chart and wait till the 1 hour candle will close above the entry level. Right?
{quote} Heya Daz! As i see you united the Monday-Tuesday strategy with yours? As i can see from the chart you provided - you wait for the Monday-Tuesday range to be presented. Your entry level is +15% of the range (your SL is at 50% or...?). Than you switch on 4 hour chart to check for the setup of 3 fractal bar. And if you see the setup - you switch on 1 hour chart and wait till the 1 hour candle will close above the entry level. Right? Best regards, trade safe!
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i wait for retrace towards 50% of mon tuesday and use my pattern, you get in earlier with greater gain
im done for the week, cnt see anything significant happening before monday so im happy with my 95 pips, thats 580 pips in last 3 weeks off 8 trades no losses
maunually i i do when its 10 pips from original TP. i keep it tight incase it retraces. just my way, not the best but it keeps me near my 2-1 rr at all times
Daren, I know you are trading USD pairs now. But, say for the next week, how do you narrow 25 pairs to a few? I understand the technique, but let's say there are 8 setups at once? How do you narrow to 2?
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