TheRumpledOne wrote:Need a different page from the EXIT PLAY BOOK for DAILY WICK ZONE TRADING.
You may want to wait longer or you many just want to take what is there.
You may want to put a BE + 0.5 pips ( a scratch ) and see if it runs 10 or more.
I put wick zones on EURJPY daily candles of this week, and then looked at 5min charts (to see where is entry), to see how good is this method. And, there is only few losses, with so much wins. This is just little backtest.
I like this method.
This method will continue to work in future? I mean, there is no chance to price stuck in wick zones and to not leave zones, or to leave with just few pips (not enough to make money)? Or something like that? This is probably stupid question, but very important for me. Please answer me.