Mr. Hyde wrote:pablo101 wrote:Mr. Hyde wrote:
Want to walk me through a trade. Or how you start placing your lines. Also when you have price at opposiong lines, which wins or are you neutral? thanks
I just wait for a 15 or 30 min momentum candle from the lines which closes over a previous HL or LH. Then trade the retrace. For that trade SL 5p and took 13. Dragon belly and fib extension exit.
I just eyeball the lines on a HTF and use that angle on the STF.
About a 81% win rate but should be higher if I didn't mess 10% of the trades by not closing out earlier and entering too early (not waiting until 50% retrace at least).
EDIT: I am just saying it is very difficult for me to look at horizontal lines now, it just looks unnatural and angles seem more fluid to me.
Damn that's a thing of beauty. I would kill for a 80% win rate. And you got some nice RR there to. Your killing it man. How long have you been trading like this.
Since the start of the plandemic!
Kid is going to school soon and will be staying at grannies. Going to have time to chuck on some serious cheddar real soon.