DislikedAbuawad..
I think what I see here are 2 groups.. one that thinks it's impossible to garner the pips you have indicated and in their skepticism become coarse and insulting.. and two.. some who want to believe they can achieve what you have done and are eager to learnIgnored
Abuawad uses his chart analysis described in his PDF, but not posted here, so that is additional info which, for the skilled trader, can enable much greater profits.
QuoteDislikedFrom the second group, what i see is that people are not clear on how to actually get into the trade after they have configured the charts.
The target areas are pretty clear, etc. but the question for many is how and when to enter.
To me this is not the problem. Like any trade, one seeks to get the best entry possible. So if you are long, then as low as possible, or conversely (I hope I am not insulting anyone's intelligence).
What Abuawad's method tells you is whether to go long or short - always the hardest trading decision to make.
And the exit is usually more difficult than the entry - the method gives you the TP.
QuoteDislikedThis is because price may flip back and forth on the 1 and 4 hr charts just below or above or within the " unknown zone" before finally actually breaking in the direction of the targets, one way or another.
As far as I understand, once you have your H4 "go", even if price reenters the Unknown Area it's still "go".
I think you have to play with the method (DEMO) until you have developed some confidence in the way it works.
My problem ATM is what to do when price reaches the nearest target or S/R. In what situations does one hold and let the profits run? It's fatal to hold "just on the hope" as price often reverses at that point (though sometimes it will run on).
QuoteDislikedI think what may be clear to you is unclear to others here who really want to learn.
I have made the same point also.
QuoteDislikedIt is my opinion that you shouldn't waste any more of your time defending your calls etc., but instead perhaps attempt to make it more clear on how one enters the trade in your system.
For whatever reason, appeals like yours seem to fall on deaf ears and are simply ignored (I know from experience). No doubt one should be thankful for the daily table given and the occasional scraps which fall from the table.
I've started doing a trial using the first target or S/R as TP - will post results when I get sufficient results, the conditions I used and anything I learned about method quirks.
If you do start trying Abuawad's method, I'd be glad to see some posts on how you are going.
Darkness lies one inch ahead..
