exit d1-h1....
Chantalb I hope to continue learning from your posts ... I'm glad to see you again
Chantalb I hope to continue learning from your posts ... I'm glad to see you again
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DislikedYes, I get the piece about entering on a retrace on the 1hr once the fractal has appeared on the d1. What I'm still not clear on is when a d1 fractal is "valid", and when it isn't. The original post stated they must be at "Price Pivots" e.g 1.1000, 1.1500 etc, yet later charts don't seem to have these areas marked, or there is no reference to them. Also, the concept of trading with the trend was introduced (using 200 MA as guide I think), but then later it seems that any / all fractals are valid.
So from what I've seen on the charts, it's...Ignored
DislikedSo in this previous example you had entered the USDCAD long around the 28th July, which was doing very well. But prior to this, in the white circle on my chart there were 2 previous d1 fractals, one long then one short, but I see no reference to these in any postings. Both look like they would have been stopped out, and I would say that the short would have been the preferable direction at that point anyway, as the prevailing trend was down (and was at the 0.95000 PP)?
Did you take either of these trades?Ignored