To(o) Slow,
I opened an account just so that I could reply. This is my first post here but I have been trading for a while.
I use a similar method on a higher timeframe but have been looking for something I can trade in the NY session EST, on H1.
I took a couple of trades with you on Friday and would like trade along with you next week.
I do have some questions but will ask as they arise, and show pictures.
Your method does not require analysis, prediction, forward or backward interpretation, TA, FA, or indicators. It does not mean it is an easy method and one needs to practice it. Some traders might not like that because it goes against the traditional teachings and habits. The edge is simply in the statistical fact that lays in its consistency (doing the same thing every time). Correct me if I am misunderstanding this.
Here is my chart from Friday for EURGBP. The first trade was a long trade for trailed 4.2 pips and the second long entry after the next low open for a trailed 8.9 pips. Purple lines are the low and high opens at the time. The lower line was moved down after it made another low open.
See you Monday
I opened an account just so that I could reply. This is my first post here but I have been trading for a while.
I use a similar method on a higher timeframe but have been looking for something I can trade in the NY session EST, on H1.
I took a couple of trades with you on Friday and would like trade along with you next week.
I do have some questions but will ask as they arise, and show pictures.
Your method does not require analysis, prediction, forward or backward interpretation, TA, FA, or indicators. It does not mean it is an easy method and one needs to practice it. Some traders might not like that because it goes against the traditional teachings and habits. The edge is simply in the statistical fact that lays in its consistency (doing the same thing every time). Correct me if I am misunderstanding this.
Here is my chart from Friday for EURGBP. The first trade was a long trade for trailed 4.2 pips and the second long entry after the next low open for a trailed 8.9 pips. Purple lines are the low and high opens at the time. The lower line was moved down after it made another low open.
See you Monday
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