Disliked{quote} Thank you so much for answering my question. Initially i thought you wont answer it because it is very basic question. I was doing testing your method on Gold by using M1 time frame during NY session. All of my trades (8 trades) hit TP but i wasnt sure about stoploss or drawdown. I have two more questions. First question is that in above picture which posted , then it means that price hit SL but eventually hit TP(yellow dotted lie)? am i correct? and my second question is that if i have two focal points in trending session and there is no...Ignored
It is the same procedure . The Focal Point is Halfway between a Top and a Low.
Hence it depends of the direction of the Trend.
If the trend is bearish the Top is ABOVE the Focal Point you calculate from the Top to the Focal Point
If the Trend is bullish the Low is UNDER the Focal Point you calculate from the Low to the Focal Point