BTW, bro, is your wife supportive of your trading?
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DislikedI think my demo trade shown on MT4 is an example of what Steve means. right Steve?Ignored
DislikedAqua TL starting from point 1 is bottom overshoot level
below that TL actual TF is not valid
overshooted.
its not cycling.
started to move linear.
means its making bigger cycle.
so we should switch to bigger TF
for bigger cycleIgnored
Dislikeduntil now I was talking main cycle.
becouse fail of micro cycle is in the loss limits
now look @ CT
R4
Macro cycle with 1374 period is overshooted in Red circle.
so bigger TF MUSTIgnored
Dislikedguys
when ant TF gets out of parallel lines that has been draw from point 0 & 1 means up/down
we should start using bigger TF.
the reason is easy.
price always moves with waves.
but how big.
thats the important point.
we can not determine which TF when.
but now we can.
- we should select a TF for trading as small as possible.
& we need 1 or 2 bigger TF s to switch.
lets say starting from 5M & bigger TF s 15 & 30M
when TF switched trade size will be reeuced & distances will be increased.
so we will be tradinf always with same risk
I...Ignored
DislikedMine is supportive. She knows I am serious about it and I do my share of home chores and with kids. Plus I trade only when everybody asleep and away from PC when everybody is up. so, no conflict at all. It is only lack of time for me but at least the time I have is free of interference.Ignored