I will do my best:
2) Unfortunately i can not put a figure on this angle, it just take hours of screen time and looking at the charts posted by seasoned traders I'm afraid.
4) With this i mean i larger candle with a wick mainly pointing in the direction you wish to trade. Not a small undecided candle or a doji but something that say's the big boys want to trade this way.
5) I think this speaks for itself really, i think to trade this or any system well you need to understand support and resistance and have them marked on your charts. With this done then don't trade directly into those marked area's. I don't really know what else to say about that.
But hope it helps, and feel free to ask any more questions (once you have read the thread).
2) Unfortunately i can not put a figure on this angle, it just take hours of screen time and looking at the charts posted by seasoned traders I'm afraid.
4) With this i mean i larger candle with a wick mainly pointing in the direction you wish to trade. Not a small undecided candle or a doji but something that say's the big boys want to trade this way.
5) I think this speaks for itself really, i think to trade this or any system well you need to understand support and resistance and have them marked on your charts. With this done then don't trade directly into those marked area's. I don't really know what else to say about that.
But hope it helps, and feel free to ask any more questions (once you have read the thread).
DislikedCould "define" a little more widely rules 4 and 5? I say that for many new or inexperienced (perhaps like me) may be concepts of "subjective" and could take from a different perspective.
Likewise, the rule two might be a little more precise? for example: angle greater than 1.5, or less than 2.5 OR/AND Prev. slope no less than . . . you got the idea.
Please dont send me to babypips
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