Dislikeda perfect H4 trade if u all agree
same set up is there for EU and USDCHF buit if u all agree this i cna get the power to go for other two trades...Ignored
That's is not a perfect setup. Market do not always respond to the D-channel. We need to look at PA.
X-man mentioned that we need "extra patience and lots of dispcipline" in his S3 4H pdf description.
The discipline requires us to wiat for every candle/bar close before we decide if there is a setup or not, and also making a quick check of the other rules.
In this trade, the H4 candle has not close and I thinbk it was the first hour when NYO.
There is also a EMA4 ( period4,shift 0) which will often help keep us in check.
See attached where I commented on your chart.
Good attempt but there are good lessons for everyone following this thread.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett