{quote} yes you can, but I would suggest putting a trailing stop to Break even here come the money managment part try to be always be flexible to the market cheers
Brother Ahmed( the fox91 ), nice work,
I’ve been following you for long time, but
This is my second post in your thread.
With reference to your post:-
Quoting forex_fairy Where do you start counting the candles? Ignored this depend on which part you use in original fox wave we dont count we search for confirmation pattern to have a valid fox wave then we apply our analysis in Golden Time if you use H1 TF you will start count in the begining of each day.chee
you are talking about Confirmation Pattern, here is the
scenario, I live in Canada, my time zone is EST.
when I open the computer, at any time, H1 is the TF, any pair, when
I see a CONFIRMATION, that means it is already gone.
In this case, what to do?? Do I have to wait for another
Conformation Pattern???? Plz advise.
Brother Ahmed( the fox91 ), nice work, Ive been following you for long time, but This is my second post in your thread. With reference to your post:- Quoting forex_fairy Where do you start counting the candles? Ignored this depend on which part you use in original fox wave we dont count we search for confirmation pattern to have a valid fox wave then we apply our analysis in Golden Time if you use H1 TF you will start count in the begining of each day.chee you are talking...
Ignored
Thxs for your words, I think you should only observe your platform Market watch regardless the actual time of GMT. each platform has a 0:00 time to begin each day then you will start count the nine candles for a wave then start waiting for confirmation pattern. same concept of trading strategy should be applied on all platforms. regardless of actual time of GMT. cheers
Hi theFox91, Is it still valid for Sell the USDCHF as shown in the picture...I entered yesterday..... Tx b4 {image}
Ignored
I didnt understand if this trade was opened on yesterday should be now closed. any trade should be losed by end of the day if it didnt reach its target
Hi i read your pdf on the golden fox wave trade which means you divide the 1 hour candles into 9 starting from 0. That means at 0900 hours it's where you start the trade correct?
Yet you counted the candle from 00 hours which is midnight and the start of the day and if you count that candle the ninth candle won't be at 0900 but at 0800. So we start from 0800?
also the chart on the last page of your pdf page 20 where you talk about the donar candle.
In that chart you show that it's a bullish wave in all 3 subwaves yet the confirmation came out as bearish and you took a bearish trade rather than bullish. Why is this so.
Hi i read your pdf on the golden fox wave trade which means you divide the 1 hour candles into 9 starting from 0. That means at 0900 hours it's where you start the trade correct? Yet you counted the candle from 00 hours which is midnight and the start of the day and if you count that candle the ninth candle won't be at 0900 but at 0800. So we start from 0800?
Ignored
'After the close of ninth candle' counted with 0:00 candle this means after the close of 8:00 candle which will be at start of 9:00 and we won't trade then we will start waiting for confirmation pattdrn occur and if you count it confirmation pattern has to be of 3 candles and in case of fast "donor candle" case which is the 8:00 candle we will need two more candles to see whether pattern formed or not and this will be after the close of 10:00. so at all we won't to see the cart before 11:00. however if you want to check the wave you will have to look at 9:00. Hope it will be simple to understand
also the chart on the last page of your pdf page 20 where you talk about the donar candle. In that chart you show that it's a bullish wave in all 3 subwaves yet the confirmation came out as bearish and you took a bearish trade rather than bullish. Why is this so.
Ignored
I suggest you read the pdf again carfully or read comments here, 3 bullish waves = Bearish wave. and in Golden Time I dont depend on confirmation pattern type.cheers
{quote} I didnt understand if this trade was opened on yesterday should be now closed. any trade should be losed by end of the day if it didnt reach its target
Ignored
Sory...I mean I use TF Daily.....pure Fox Wave....not Golden Time one....
cheers
