All going to my expectations from sundays webinar. My setups are forming nicely for one shot one kill tomorrow and thursday. expect h1 3BFB below/ above 50% Of mon tuesday
IF YOU ARE UNSURE HOW TO USE THE EMAs FOR CONFLUENCE, REFER TO THE EMA video on my youtube chanel
Hi, I'm quite new here..
I have tried to read through almost all 40 pages of this thread, but I may have missed out something. could someone help explain to me why we need to do entry at the lower time frame chart? why can't we just find entry at the same higher time frame chart?
Hi, I'm quite new here.. I have tried to read through almost all 40 pages of this thread, but I may have missed out something. could someone help explain to me why we need to do entry at the lower time frame chart? why can't we just find entry at the same higher time frame chart? Thank you in advance
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because when the lower time frame ( h1 ) candle closes abover the higher time frame candle 4, not only do you gt a better entry but your stop is based on the previous h1 swing so you are trading with less risk ( sl )
Hi, I'm quite new here.. I have tried to read through almost all 40 pages of this thread, but I may have missed out something. could someone help explain to me why we need to do entry at the lower time frame chart? why can't we just find entry at the same higher time frame chart? Thank you in advance
Ignored
Lower time frames tend to give better entry prices.
The idea is to look for a trade opportunity on a higher time frame and then find an ideal place to enter on a lower time frame, since retracements are more visible on lower time frames.
{quote} Lower time frames tend to give better entry prices. The idea is to look for a trade opportunity on a higher time frame and then find an ideal place to enter on a lower time frame, since retracements are more visible on lower time frames.
Ignored
Ah i see it now. Thanks so much Dazjw2311 and Here2there. This works quite nicely. I’ve just managed to scalp 26pips on GBPUSD on M15 chart (but as mentioned i timed my entry right on M15, didnt go down to M3 chart) You guys can take a look to see if i got the right setup...
On sundays webinar i planned out what i expect to see monday and tuesday based on the dollar index. Its played out to script , now i explain what i want to see for entries and targets through wednesday and thursday using the 3BFB below/above 50% of monday tuesday range. Please support my youtube channel by subscribing.
