You want commentsHere are mine questions
How do you draw the TLs? What do you use? High/low of the bars, or open/close?
As I know we use the swing low/highs (fractals) to drow TLs. In your current chart about GBP the 1. point is not a swing low. I made a chart with my TLs. Could you comment? In my second chart I drow the TL for your first trade in GBP with 2 possibilities for TLs. As we see from the charts the entry point (R/R) will be different. Comments?
As far as drawing t/l I draw from left to right and I usually start my trendline at the high(or top of wick) and as I pull to the right I lay it across the candle bodies, no longer concerned about the wick.
I like to have a top and bottom t/l and I like for them to run parallel some what like a channel.
I squeeze my charts tight and that usually helps me find the t/l much better.
I like this t/l to go back in time at least 6 months to a year if possible.
Please ask questions and share your experiences with us all!
for a nice Thread. It has been a really good read up to this point. I trade very similar ( but use close of the day) and look forward to you thoughts on trading this style . Any way Thanks again and good luck with your trading.
