Make all possible mistakes in demo and rain in pips in live account
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DislikedHi 9jatrader, I've just started to practice this strategy and I enjoyed reading the first 100+ pages of the thread. Still, a lot to learn. However, could you be so kind to review one of my first observations based on what I have learned so far? I saw this on CADJPY daily / rejection of weekly BB mid-line - then on H1 timeframe price broke the H4 middle line and went below the H1 lower line (also broke the support while stochastic was below 20. Daily picture: https://www.tradingview.com/x/ni1Ws76S/ H1 picture: https://www.tradingview.com/x/FX93LPZH/...Ignored
Disliked{quote} On the daily it had not been able to break the resistance, 88.321 while stochastic was on overbought. You could see that it's a ranging resistanceIgnored
DislikedI said something about price moving sideways sometime ago. Sometimes when price gets to S/R it begins to move sideways. I wish to repeat that we just have to wait and be patient. Look at happened to EURAUD resistance{image}Ignored
DislikedI caught this one also with stochastic. Sometime it just obeys and continues toward the direction. At times it can be crazy and becomes fakeout. I trade breakout and fakeout. {image}Ignored