1. fib retracement set to 0, 1 through 11, and -1 through -11: these are your lines.
Using what price for 0 - 100%?
Moderator: moderators
1. fib retracement set to 0, 1 through 11, and -1 through -11: these are your lines.
elkin.fernandez wrote:1. fib retracement set to 0, 1 through 11, and -1 through -11: these are your lines.
Using what price for 0 - 100%?
elkin.fernandez wrote:You are the man. Many people ask to me how i know what i know. I just answer them: MO. They dont understand me. Hahaha
MightyOne wrote:...
As soon as your eyes search further than 32 bars you should look up at your 240 chart and if your eyes search further that 32 bars on the 240 then you should change it to a daily chart and so on.
MightyOne wrote:Before you select a trigger, you want to ask yourself if it is likely that you will see a profit before getting stopped out:
If people are taking the breakout of the #2 point of a 1-2-3 then you want to already be short before the #2; the same
is true regardless of the pattern.
co2t wrote:...
so after we find price level based on 240+ 32bars we determined which risk box is appropriate for the trade on lower timeframe adjustment, like in the first picture you showed me on h1 chart, the risk box to use is 2 line of H4 or 1 line of D1 instead 4 line of H1 to keep the risk at minimum?
how do you reach target?? what is the waypoint now?
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