DislikedIf the sell 2B is wrong then all I do is wait for the conventional count to be correct and head on the way to it's profit objective. I then wait for the 123 bear setup, or another bear 2B to set-up.Ignored
thanks
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DislikedIf the sell 2B is wrong then all I do is wait for the conventional count to be correct and head on the way to it's profit objective. I then wait for the 123 bear setup, or another bear 2B to set-up.Ignored
Dislikedhi cw, would you mind elaborating on this, please... if i read you correctly, does this mean that you are, let's say, long on a 123 setup, and at same time short on a 2B? this is how i did it earlier, and i was wondering if it was correct or not.
thanksIgnored
Dislikedok, thanks...i have closed the long g/u 123 trade at -5 pips, not comfortable with nfp, now flatIgnored
Dislikedi've left a couple of buy stops in audusd and eurusd in case figures are bearish us$Ignored
DislikedMy first and probably only trade of the day (not beautiful but a set-up none the less)... Friday's are tough enough to trade but NFP can be killers (especially when pattern trading)... this is one example when if you are trading pure set-ups with no use of trend lines, support, resistance etc... you still need to be very aware of news releases so that you either avoid trading that day or close all positions regardless of where they stand as these spikes are great SL hunters.
SL at point 3, TP at 138.2. Let's see if she gets there. There is some...Ignored
DislikedToo choppy and sloppy for me today, I only have 1 short in place and it's from a long term daily position.
I'm done for the week.Ignored
DislikedThomas,
On the chart I've shown how I count it. I'm rather fond of the 2B trade (some people call it the 'oops'!) which is just...Ignored
Dislikedi've left a couple of buy stops in audusd and eurusd in case figures are bearish us$Ignored
DislikedI'm not clear on these 2B setups your talking about. Is there some place I can do a little more reading about them?
Thank'sIgnored
Dislikedsee post #831, basically a failure (with specific trading conditions) of an ABC continuation tradeIgnored