CORTO EUR/USD... I am looking to keep this operation until the last rejected bassist closure of the current swing, as the setup occurred in a candle within a fractal structure. closed +22 pips, I have the feeling that the price will again test the last bull's closure. Plan well the moment, plot well the plan, run with confidence.
Just when I thought I was clear, you put this operation up. In all your previous catches you will show the entrance to the candle after the second rejection. In this case of EUR/USD, that candle never reached the closing of the key candle. Can you explain this? Thank you, Darryl
I opened another short in EUR/USD. The risk is 30 pips because it is a daily chart setup. For now, the panorama indicates that the day will continue to be bassist. Plan well the moment, plot well the plan, run with confidence.
Basically, this is another way to monetize support/resistance zones. Good vision.
Hello Darryl, According to the price stock, the bulls looked too weak to return to the rejected bull closure, so I took the entrance where the buyers were fighting. Also, it was an assumed risk because with the stop of 20 pips it still had margin. The entrance does not have to be immediately after the rejection. The best entry is the closest to the level of rejection. Plan well the moment, plot well the plan, run with confidence.
I understand your reasoning. But (in my humble opinion)
Hello, I value what you say, but beyond the rules, you also have to read what the market is doing. It's not "I feel" or "I think," it's "the market is doing this, then I respond like this." There's no ego involved. If you analyze that operation, it was a calculated risk. If I enter before the ideal price, how does it affect my risk? Is it still acceptable? When you operate this method for a while, you'll notice how the price reacts to those levels of rejection and how to adjust your tickets without breaking the system. Plan the moment well, plot the plan well, run with confidence.
Short NZD/JPY... I keep this operation until the last rejected bass closure of the current swing. Risk: 30 pips (setup in daily graph)
I missed this in the USDCAD daily. Plan the moment well, plot the plan well, run with confidence.
Is your success rate higher than 50%? With this type of setup you have to prove it. With spread and commission, I guess you need at least 55% effectiveness to make it profitable. If you aim at 1R (risk/reward 1:1)
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