judokamak wrote:aliassmith wrote:Pulled up a EURUSD M1 chart and started marking what I see.
So, I started marking S/D going with the 20 SMA.
The areas are not all trade worthy, but they are S/D mitigations.
There were 3 nice setups for 3R to 5R depending how you held them.
I recommend all these trades use a 2 pips SL
100k account:
.5% risk is $250 per pip
1% risk is $500 per pip
7.5% or risk gear 17%
Nearly passed or passed the MFF evaluation Phase 1 with those 3 trades.
Don't sleep on the EURUSD!![]()
Like MO said at some point you'll use $1000 a pip and make more in a week than your parents made in a year.
You were mentioning sub-M1 S/D. This chart is the same as yours (1 min. orange/black) with 150 tick bars (white-red) overlay and i marked only inbalances on the same spots as you did. Hopefully it's visible.
It is rough to tell. What information are you trying to convey through that chart?




