Disliked{quote} i feel conflicted. From Daily view we can see 1B1B set up. And both side has EG buy/sell. From this view i looking for long, but i lt didnt meet the discount lvl, By 4H cmp at RB (EG fail) maybe i should try to set BE if long , prevent it want to sweep ytd low to meet discount? {image} {image}Ignored
but i know that you are the type who needs to be involved in the action rather than stand aside.
a picture paints a thousand words.
on your chart show:
1. how do you use d1 1b1b for trade entry?
2. htf eg, tc eg, precision tf eg.
3. exact place you take trade entry and exit loss.
a simple answer is that price bounced up from trend line. then you have to investigate why bounce there.
you are trading NFP, things can moving very fast in both directions.
that is why i use m1 for precision time frame at trend line bounce for short durations with trialing stops.
at the same time knowing that m1 whipsaws and i am willing to take a very high risk.
ITB - Seeing Orderliness amongst 'Randomness'
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