For me looking at that 1-hour target I would only be looking for short signals.
Price always makes some sort of pull back
Price always makes some sort of pull back
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DislikedA thing to note is when the Price is pulling the EMA to make a HH or LL it tends to get a wiggle on. You should be able to see this clearly on the 1 min chart below. {image} Just count the grid bars to see if it is worth a trade.Ignored
DislikedSorry guys, missing all the action whilst on hols and trying to work MT4 mobile with this system. Not recommended. Next week will be better. Nice trading Alan.Ignored
Disliked{quote} Just count the grid bars to see if it is worth a trade. How do you do that, master ? Where your entry today, master ?Ignored
DislikedI couldn't pick the ultimate target distance. Rather it was a series of smaller signals causing more and more LL's any one of which paid big time money. We can see the aftermath of this on the 5 min chart below. I have set the grid to 50 pips to show the drama beginning at 108. {image} I also note in the cable thread folks were engaged in adding more buys to their losing trades. The graveyard must be full today.Ignored