BTCUSD 1 mn
Long position opened
Long position opened
Attached Image (click to enlarge)
1
Trading Focal Points -- "A Leap Of Faith"...
- #543
- Jun 14, 2022 11:44am Jun 14, 2022 11:44am
- Joined Aug 2012 | Status: Love for all; Hatred for none | 3,566 Posts
Love for all; Hatred for none.
- #547
- Edited 4:29am Jul 5, 2022 4:07am | Edited 4:29am
- Joined Oct 2017 | Status: Trader | 12,472 Posts
A function of random data is still, random. No matter how interesting is this new way of looking at price action, it still doesn't provide you with any significant advantage over just looking at price action with a plain chart.
As an example, look at the last few minutes of M1 GBPUSD below.
Now look at the equity curves of baskets of pairs of different currencies on this post. If I didn't tell which is which, would you be able to tell which is which? No.
As an example, look at the last few minutes of M1 GBPUSD below.
Now look at the equity curves of baskets of pairs of different currencies on this post. If I didn't tell which is which, would you be able to tell which is which? No.
- #554
- Jul 30, 2022 4:47am Jul 30, 2022 4:47am
- Joined Oct 2017 | Status: Trader | 12,472 Posts
@parisboy Am I correct in this analysis of us30 1mn chart. I placed a long at the focal point indicated by the circle(orange) at around 32.500 and the price hit my Take Profit at 32.598 {image}
Kaihkaih
if you reached the calculated arget. It is the proof that you are correct !
you are on the right track
