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DislikedYou are better off using this on nothing less than H4 or at least H1, though.
Draw them from the monthly, W1, D1, H4 & H1.
Only the main places where price has reversed.
If these lines have confluence with a fibo, they are even more important areas to look for Price Action such as OB, PB, IB4 bars etc.Ignored
DislikedThat's right those fibs and RN confluences are just great for extra confirmation.
One thing i try to figure out is the time action. Like for example: i enter a trade at a strong S/R and the second thing is when to exit it. The Ideal scene is the next S/R but as we know that doesn't always work.
ThanksIgnored
DislikedHey guys,
The "Price Flips" that Rastaman mentioned is what I am currently using to place my horizontal lines, and use it as my base to enter trades. Its simple yet effective, keeps the charts clear and no indicators. Since I've been using this outlook to view my charts I've felt like I'm a lot closer to being successful.
So Constin, I think you are on the right track.Ignored
DislikedThat's right those fibs and RN confluences are just great for extra confirmation.
One thing i try to figure out is the time action. Like for example: i enter a trade at a strong S/R and the second thing is when to exit it. The Ideal scene is the next S/R but as we know that doesn't always work.
ThanksIgnored
DislikedHey guys,
The "Price Flips" that Rastaman mentioned is what I am currently using to place my horizontal lines, and use it as my base to enter trades. Its simple yet effective, keeps the charts clear and no indicators. Since I've been using this outlook to view my charts I've felt like I'm a lot closer to being successful.
So Constin, I think you are on the right track.Ignored
DislikedYou are better off using this on nothing less than H4 or at least H1, though.
Draw them from the monthly, W1, D1, H4 & H1.
Only the main places where price has reversed.
If these lines have confluence with a fibo, they are even more important areas to look for Price Action such as OB, PB, IB4 bars etc.Ignored
DislikedYou are better off using this on nothing less than H4 or at least H1, though.
Draw them from the monthly, W1, D1, H4 & H1.
Only the main places where price has reversed.
If these lines have confluence with a fibo, they are even more important areas to look for Price Action such as OB, PB, IB4 bars etc.Ignored