This is what happened of my previous example before the market close on friday
using the breakout strat of UTD
see #post
using the breakout strat of UTD
see #post
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Disliked{quote} Yes, I trades several market Indices in addition to the usual currency pairs. US30 is just one which I love to scalp daily at anytime of the day and it help me achieve my daily $$$ goals quicker than the forex pairs. when scalping , I am in and out of a trade within less than one hour and I dont have to sit in fron of my PC of handphone for hours.Ignored
Disliked@ djahidait Hi bro, Can you share exactly the way you use Big E, Im using using it but winrate is 50/50 %, please share your way of using it, thanks in advanceIgnored
Disliked{quote} EU Dec06 H1 Tokyo 1040am - H1 price below PAC, - H4 not 'ready' - do you sell H1 now or wait for London open today? > H4 and Daily still within their PAC high low {image} ...Ignored
Disliked{quote} EU Dec06 H1 Tokyo 1040am - H1 price below PAC, - H4 not 'ready' - do you sell H1 now or wait for London open today? > H4 and Daily still within their PAC high low {image} ...Ignored
Disliked{quote} THE SWING lets continue the process as we go along to complete the plan for our trade for the day. see #postIgnored
Disliked{quote} Hi Emmanuel , I wouldn't enter on those premises, but it is more like a feeling which is behind my conclusion, week previous day within PAC . Would you wait for 4H to get out of the PAC ? Do you have to wait for 2 4H candles outside of the PAC or is it enough with one depending of the Daily candle ? Could you pl tell me which indicator you use showing all higher TF ? Is it a PCU killer ?Ignored
Disliked{quote} Hi Emmanuel , I wouldn't enter on those premises, but it is more like a feeling which is behind my conclusion, week previous day within PAC . Would you wait for 4H to get out of the PAC ? Do you have to wait for 2 4H candles outside of the PAC or is it enough with one depending of the Daily candle ? Could you pl tell me which indicator you use showing all higher TF ? Is it a PCU killer ?Ignored
Disliked{quote} Could you pl tell me which indicator you use showing all higher TF ? Go to this thread by member FerruFX New FFx standard indicators https://www.forexfactory.com/thread/...ard-indicators and download his package and unzip the files. I use only two of his indicators in sub-windows: - FF Moving Averages and set that to show as the Price Action Channel PAC on all timeframes - H1, H4, D1, W1, MN - FF Stochastics same setting to show only H1, H4, D1 and W1......Ignored
Disliked{quote} Hi pipsit Trading the 4H when I use the PAC the same way Big E had use that in his old thread, the same 'importance' rule important applies. No.1 importance > is the price action for the trade setup No.2 importance > when both the Stoch and RSI green price line for the MOMENTUM of the setup A setup which closes above or below the PAC high or low is less risky. I know Big E did take some trades , for example buy when the reversal setup is above the PAC low and sell when the reversal is below the PAC high, i.e. the price has not close outside...
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