DislikedYes, after reading Chantals post and looking at the charts I suddenly understood your strategy - and it is a most impressive one....Ignored
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DislikedHi Chantalb,
please could you elaborate on this?
"... but let’s say we have a bearish reactive PP and an engulfing bullish confirmation I take that. And those have been the best trades in my career ..."
Any example chart would be appreciated. Many thanks.
Cheers and happy pippin'Ignored
Dislikedthanks friend... but the strategy is not mine....
All credit goes to chantalbIgnored
Dislikedhi shandy...you can use any pair
I'll give you an example of TSL ... eru-usd---on this occasion did not move the SL, I forgot to move it (no problem is demo)
Look at the EUR-USD ... when the price reached the TMA h4 move there sl soil to break even, but not always do .. is something that even I have to study more
sometimes you close a potential winner ... sometimes not (a-c or gbp-usd for example)
is a personal decision to move or notIgnored
Dislikedgbp-jpy... will be a potential buy but it is still soon friend ... wait a few days.
I don´t know about Japan but has a terrible power for a time ... Governmental intrvencion clear imagine.
you can look to buy ...eur-cad--- gbp-cad----nzd.usd...Ignored
DislikedWow, you are right, and I had not checked weekly TF! Thanks for that heads-up!AFIgnored
DislikedStay in it and let it either take out your SL or reach TP... no one really knows what can happen. But just in order to have more odds stacked on your side it is your duty to check on everything. Once all checks out and you are in a trade and you get stopped, you'll know that you did all you could. You then move on while maybe having learned something from that failed trade.
Glad to helpIgnored