Cable was outstanding example for fashion trade now. We'd at least 3 entry signs now with entry issues, And even now, after europe is shut, cable trying to push. In NZD USD we had some great signs that are long.
In total, In such two pairs we had at least 10 buy signs and 100% hit rate now.
Unfortunately I had been away from my desk now....but still I was able to ch quick 11 pips in cable at the end of the session.
I tried only 1 brief position together with the grid usdchf today, 5 pips stop and ended up using 5 profit. Itry to spot them and'm still studying setups. I think I saw a H1 bounce commerce developing (do not remember where maybe eurgbp) but I needed to go and do not understand how it ended.
Was that a legit entry on m1 boxes two pillar fibo? Tight stop beyond fibo confluence and entry boxes is OK or too tight and risky? From the setups they discuss prevent only winners are seen by you. .
Is there a way to tell from the grid if a degree has already been analyzed recently or if price is making new high/lows without watching the charts?
I tried only 1 short position with the grid on usdchf now, 5 pips stop and ended up with 5 profit. I'm still analyzing setups and try to spot them on grid. I think I saw a H1 bounce commerce developing (do not recall where maybe eurgbp) but I needed to go and do not understand how it ended. picture Was that a fictitious entry on m1 boxes 2 pillar fibo? Tight stop beyond entry boxes and fibo confluence is OK or overly tight and risky? In the movie setups they rarely talk about stop just winners are seen by you. . Can there be a way to tell from the grid if a degree has...
Yes the USDCHF setup in your screenshot seems Ok. Bear in mind that the 1m entry is the riskiest. So it is good for you to use tight stop. Since when the price breaks the 1m L2 , there's absolutely no point to hold the transaction. Keep the leaves little! You may re input at greater price. In this case if it goes up, you have minute entry that is legal 5.
During trends, 5 minute entrances generally are safer but you do not get them very often.
About quits.... For the top 10 major pairs, your maximum Stop loss should be no more than 15 pips. Regardless of the installation. I personally utilize 15 pips initial hard cease, and about 6-10 pips tender(mental) stop. I try to maintain my average losing trade as little as possible. (currently it is about 7 pips)
same on EUR right now (same for usdjpy usdcad nzdu and others):
But I wonder is it ok to scalp at heavy overbought from m1 box?
If you examine chart is buyng and promoting very high or very low (euru, usdjpy, ucad...)
How do we tell in the grid at which we are in price? Only from fibo shade that is blue? Because from grid we see that we are in blue on H1
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