Disliked{quote} Chris I did not use the system based on the indis only but also PA. If I am understanding well, you are not including swings for SL. I use the previous swings as SL points. Of course of the last swing is huge I avoid trading completely and look for another instrument. Also the tunnel is crucial in the sense that the price will visit it again. Look at the attached example. This is the current DAX on M15. The price hit the lower tunnel boundary again after penetrating it from below. The marked candle with an arrow is also a bullish pinbar...Ignored
Another question: Do you trade with the higher TF trend or higher TF reversal or both?*
*For me, I like to trade with the higher TF (H4) trend using a trend channel, reversal PA, wave theory, then switching down to M15 and waiting for both EMA to align and the faster EMA to have a good angle. Is that too much? Mostly, I don't get a reversal PA on H4 and the market starts to continue the trend without the reversal. Mostly, 1/3 - 1/2 of the daily swing is done as soon as the slower EMA on M15 gives becomes aligned with the faster one. The slower EMA on M15 is not crucial if it is almost aligned.
May the Pip be with you.
). I use H4 down to M15 minimum due to my equity's size. Do not think there is a Holy Grail, otherwise all brokers would close down.
