After Stop hunt | buy the HLs, sell the LHs
Price Action Swing Trade System 5 replies
Shouldn't a good price action system work on all time frames? 21 replies
Two-Stroke System (Mechanical Price Action +300 pips per month) 118 replies
Building a system based on price action 5 replies
DislikedThis is why making entries on anything but the 1min is going to give you drawdown. FOMO followed by Anxiety of possibly losing a trade even though it was only 5pips that’s half my quota for the day Had I dropped down to the 1min timeframe instead of using the 5min I would of had more pips based on my parameters. Based on Bilal’s Parameters I was supposed to keep 5% of the trade running so that would of added another possible 50 pips 1min entries is all im taking for now on because I thought I was safe on the 5min and was dead...Ignored
DislikedNo comment needed. Ok I couldn’t resist, notice how we don’t need indicators to see price movement. Look behind the 5min candles. Those are 1hr bars. You can see where the majority of the orders are being placed especially on the 1hr candle that broke back above open and went long. {image}Ignored
Disliked{quote} If it's not difficult for you, can you share your template with indicators?Ignored
DislikedNo comment needed. Ok I couldn’t resist, notice how we don’t need indicators to see price movement. Look behind the 5min candles. Those are 1hr bars. You can see where the majority of the orders are being placed especially on the 1hr candle that broke back above open and went long. {image}Ignored
DislikedThis is why making entries on anything but the 1min is going to give you drawdown. FOMO followed by Anxiety of possibly losing a trade even though it was only 5pips that’s half my quota for the day Had I dropped down to the 1min timeframe instead of using the 5min I would of had more pips based on my parameters. Based on Bilal’s Parameters I was supposed to keep 5% of the trade running so that would of added another possible 50 pips 1min entries is all im taking for now on because I thought I was safe on the 5min and was dead...Ignored