{quote} Hi TheBest, Just my Observations. {image} {image}
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Thanks StevePatt, I think this is called Higher High, Lower Low Strategy. It shows trend continuations. Bu we must keep in mind that every trend has an end.
In this topic's strategy, it is attempted to know where the short trend ends and jump into the long term trend.
{quote} Thanks StevePatt, I think this is called Higher High, Lower Low Strategy. It shows trend continuations. Bu we must keep in mind that every trend has an end. In this topic's strategy, it is attempted to know where the short trend ends and jump into the long term trend.
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Hi TheBest,
I use Higher Time Frame Price Structure HH HL LH LL and then look for PullBacks on a Lower Time Frame to take a Trade.
Personally I use M15 Structure and look for PullBacks on M1 to take Trades mainly (these days) on the Dax because of its Volatility.
I've included a M1 Chart of Gold to get an idea of what I mean.
The Less Time Spent Exposed to Market Forces the better, especially in these unprecedented times.
just an idea for tomorrow session: usdchf looking for a retest of this little hourly pin bar of friday --> sl under the level and with some atr safety margin - tp at next level (0.9635 area)
just an idea for tomorrow session: usdchf looking for a retest of this little hourly pin bar of friday --> sl under the level and with some atr safety margin - tp at next level (0.9635 area) 3623702 {image}
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no follow through about this
let's se this bund if come back to the level during today:
{quote} no follow through about this let's se this bund if come back to the level during today: {image}
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would have been a beautiful trade --> tp (in front of next level) in less than 1 hour! but, unfortunately, I missed this one: my limit order at 174.32 was not it for a couple of ticks
I'll add this to the list of strategies I need to backtest then if I find it profitable, I will just add it to my trading toolbox, I already trade breakout so this will be perfect for my strategy. thanks
I'll add this to the list of strategies I need to backtest then if I find it profitable, I will just add it to my trading toolbox, I already trade breakout so this will be perfect for my strategy. thanks
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Do you use indicator as supporting tool or just naked chart?
