See a good example on EURUSD
Price is close to resistance
A bearish pin bar has formed
We would be placing a trade based on that pin bar.
Price is close to resistance
A bearish pin bar has formed
We would be placing a trade based on that pin bar.
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DislikedHi Lucariga, nice observation there. If you look at the GBPCHF daily time frame, you will notice a break of the fractal flow up. If you also take note, you will notice a continuous break of the fractal flow, so each break signifies a change in the flow. With regards to the GBPCHF, it can also be called fractal continuation. {image}Ignored
DislikedSee a good example on EURUSD Price is close to resistance A bearish pin bar has formed We would be placing a trade based on that pin bar. {image}Ignored
DislikedInteresting method. I'm new to trading but i do like this method that follows the trend. Been looking at a few other systems as well but i will keep this one top of my watchlist. I was watching UC and EU for this trade and noticed that if there hadn't been the US unemployment claims news going on, it would had probably hit it's target instead of SL. So about re-entering. What are your rules? Do you normally re-enter in the targeted zone and wait for a pullback if it's out of the zone, or based on candle?Ignored
Disliked{quote} My rules for re-entry remains the use of candle sticks and I discussed the candle stick I use. My re-entry is usually based on the target zone. Once price exceeds by target zone by over 50 pips, I forget about that pair and look out for another set up.Ignored
DislikedWaoo, good work Ochuko.. Thumbs up. I am so sorry for asking this question: How do you determine the money flow change? I have been trying to figure it out but couldnt get it figured out. Hoping to read your reply, pleaseIgnored