{quote} I took advantage of GU run to H1 TL KL, if the reaction continues EU will likely start down,
In the mean time I set up a SL in plus, I don't expect newer highes before TP
- #282
- Edited 4:51am Dec 16, 2024 4:39am | Edited 4:51am
{quote} Please Post charts on what was your entry using this system, it benefits the others. In the mean time I set up a SL in plus, I don't expect newer highes before TP
*I use your method in my own way, and enjoy discovering new ideas, since the approach is pretty similar most of the time,
'In the clearing stands a boxer And a fighter by his trade..'
{quote} Sure, buy closed, sell TP1 done,
Its a bit different if you follow through, currently this is how I see it. Based on this we need to break, cross the uptrend line.
{quote} I don't agree with your drawing: {image} Its a bit different if you follow through, currently this is how I see it. Based on this we need to break, cross the uptrend line.
'In the clearing stands a boxer And a fighter by his trade..'
Looks like we won't go south at least till US news
In any case, if it goes higher, I will still be looking for shorts, as that trend line should be defeated.
As mentioned, if it breaks the orange marker, it eventually stiil need to make a low to the trend line, the only difference it will make is that we know that once that is done, we will have other targets to reach.
I have partially closed my trades, leaving 10% of them still running for one reason:
New low was made, and now technicalities say, it needs to touch the trend line, again, then it can make a new low, so I wait for that to happen then I re-enter with a full position. This way I could bank some profits.
New low was made, and now technicalities say, it needs to touch the trend line, again, then it can make a new low, so I wait for that to happen then I re-enter with a full position. This way I could bank some profits.
