{quote} added the 2997 path in yellow. the same blue box and red lines. the 4 h closed higher so i didn't take the s... 8 or 16 to one is always better. the 4h may let it get even closer. i am in no hurry before nfp... {image} {image}
on these of i wanted to s. i try to do it from the highest point possible... this is kinda what hatch described. risk 1 for 4... that's about a 40 pip stop at the lower blue box to the high.... in the middle at 20 pip stop, is 1 risk, for 8... at 10 pips its, 1 to 16...... and at 5 its, 1 to 32... if you wait and just cherry pick, you trade less, and lose less. u trade less, and make more.. its just simple math.
Also, while I might agree /w -10p stop as sufficient in some precision entries, I'm doubtful about the -5p stop. Too much into any noise - or do you really have favorable hard stats on the level which would enable a -5p stop and work 1:16...1:32 ??
Patience, persistence and probabilities.
if you speak seriously, i'm glad.
