Fez
Thanks for the thread. Looking forward to see how it evolves, esp trade management and exits.
My question is regarding the placement of the S/R lines. Have you noticed any difference in the win rate if the S/R line is placed at the top/ bottom of the body of the candle rather than the top/bottom of the wick of the candle? In the example in post 91, it would appear that the two of the three trades would have been winners and the third a SL at breakeven, rather than all three being SL at breakeven.
Just an initial observation.
Cheers.
Thanks for the thread. Looking forward to see how it evolves, esp trade management and exits.
My question is regarding the placement of the S/R lines. Have you noticed any difference in the win rate if the S/R line is placed at the top/ bottom of the body of the candle rather than the top/bottom of the wick of the candle? In the example in post 91, it would appear that the two of the three trades would have been winners and the third a SL at breakeven, rather than all three being SL at breakeven.
Just an initial observation.
Cheers.