dojirock wrote:Update II
Yeah, I see that, absolutely. An H4 RB overcomes an H4 RB and the entry is as late as that because the red H4 RB cannot be formed until the subsequent down H4 bar - and your entry is exactly where I'd expect it to be on that basis.
Even if the stop was above the H1, unless that trade is subsequently managed on an even smaller TF...MO "no b/e", there is no moving of stops to b/e, you get zero'd. Price didn't go to the zline further down already zero'd so that wasn't reason to get out either... beats me
I have most of the bits in my toolbox. It's managing to fit them together.
Other traders on Kreslik seem to make magnificent structures.
I'm still left with a pile of bits.
Maybe I have too many bits, or disguarded bits that others don't have in their toolboxes. Maybe my toolbox is too big. Maybe I just have no comprehension which bit fits to which bit and what to do when it doesn't fit/