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DislikedThe indicator on the left side of your chart with Price, Spead etc, do You know where I can down load it? ThanksIgnored
DislikedLG you are God sent. Never thought FX was going to be this interesting and rewarding. I almost gave up if not for my gut. By looking at a naked chart i can easily know a good trade from a bad trade etc. LG you are an angelIgnored
DislikedNo, you draw the lines as seen on my chart, and when you see the BO happening, you enter. In this case you could have entered at 1.5460-ish, or if more conservative, after clearing those 2 wicks at 1.5482-ish. (As I did, still made nice 35 pips)Ignored
DislikedTrade closed +71 pipsmy entry and exit as shown in the chart.
LG , I would like to ask for the "by the book" trade in this case.
I can see possible entries at #1 ,#2 that depending on your trade management could have finish with a loss (if SL is placed at the other side of the 4 hours lower border).
How would you filter entries at #1 & #2 ?
Do you wait for a H1 bar to close outside of the 4 hours box ?
Do you switch for this purpose for a lower TF like M15 ?
Would you have waited in this case for price to cross Today's High at C ?
I set TP...Ignored
DislikedI Loss -34 pips in this GBPCHF trade
entry in 1 position (1.5450) at David Chart, Hit my SL 1.5415. TP 1.5480
Good Question From David.
I need evaluation From LG, maybe my SL is to tight (I don't know) my Friend SL 1.5405 (almost Hit) and he Make close +73 pips.
Thanks LG. you the Best!Ignored