2.5 or 5 pips of risk - quotsnipingquot account - Page 2
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Thread: 2.5 or 5 pips of risk - quotsnipingquot account

  1. #11
    Quote Originally Posted by ;
    Sometimes rather than divergence it will only calculate the RSI and price will proceed while RSI starts sloping higher. Feeling as good or nearly as good as a divergence actually, IMO.

    Markets always rebalance and fill the inefficiencies (which would be the breakout moves that happened just prior to bottoming out). The candles and wicks involved in a price movement, the weaker it is and more likely it is to become filled completely onto a retracement.

    Anyway just my ideas take em or leave em!
    Cheers.... I think i will leave em. I take my hat off to you if it's possible to make them occur in real time. Of what you've shown in your charts.
    Attempt trading the right hand side of this chart. Not hey!

  2. #12
    Quote Originally Posted by ;
    Nice scalping and fading

    But I still can not get how to observe the openings u mention in your article though after looking at the charts posted.
    Thanks

    A gap I'm referring to it is not a literal area in which there is not any price action. It's an area where there is not any liquidity (no resistance). When price reaches a previous price surge (left side of chart), most frequently it will surge back up during that amount with no resistance.


    Only search for big moves with very few candles. Those will get fades as they are inefficiency and feeble (no trend). I call those openings, once the price fades within that area, it will slip down the entire movement until it strikes the start of the powerful candle, and if it goes beyond that, the wicks of the previous swing high.

  3. #13

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