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Last seen: fev 7, 2024
I respectfully disagree with the other statements in this thread. I think Al simply refers to the increased randomness on lower time frames. E.g. a lo...
I think the arrows are far superior. The charts are much easier to read without having dozens of boxes all over. The arrows are not overlapping any ba...
Average bar size, average true range, 5%-10% of average daily range etc. You have to determine lookback period.You can also look at measures of risk a...
There is multiple methods to determine a reasonable minimum scalp target. In general in any market, a minimum scalp target could be 5-10% of the avera...
In general, the recent short-term price action will be most useful to determine what will probably happen next over a short-term period. It depends on...
The way I understand it is that a minor pattern is less likely to result in what this pattern usually results in. For example, if there is a wedge bot...
Examples of trades you have made is not the same as a trading plan. You don't simply short just because you see a chart that you think is probably goi...
You say you want feedback on your trading approach. I think you should define exactly what your trading approach is in written words. Define exactly w...
The premise for a bull trend is that prices goes up. If the price goes up, it will make higher highs and higher lows. If it doesn't make higher highs ...
Price action is fractal meaning what you learn here should apply to any time frame on any instrument in any market.
Take reasonable tight stop entries. For example, a MTR setup in good context with a good signal bar will definitely provide you with more than 2R when...
So the way I manage a trade is not going to be based on any risk/reward ratio. If we consider something like a major trend reversal setup, you are loo...
This is just my point of view (I am not a professional trader yet). Lately I have begun focusing on trading major trend reversals. I am currently in t...