It doesn't stop me from convincing you to use price action alone without any stronger technical filters. Doesn't it become very subjective?
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It doesn't stop me from convincing you to use price action alone without any stronger technical filters. Doesn't it become very subjective?
And what happens when the pattern appears just before a high-impact news story? Will you filter that with an economic calendar?
Thanks for so much added value. I started demo this week and you can already see the logic behind the system.
Thank you for explaining even mistakes. Learning from losers is what many do not want to show.
Thank you, it's all well structured. I'll apply it to other temporalities to see if it fits.
Let's see... why use a fixed ratio of 1:2 if the market sometimes gives you more travel? Wouldn't it be better to let more run?
Have you considered using any slow moving media to filter the previous trend? So maybe you avoid going into spin zones.
Very useful your contribution. I am putting together a template with the exact rules and conditions. Thank you for the clarity.
Thank you, Reno. I like that you prioritize the structure and not so much the "magic" of indicators.
This system goes great for those of us who work and we can't see graphics all day.