I’ve began this new thread as a result of I haven’t got time to submit each commerce I absorb my journal. I’m going to simply share my technique of buying and selling and assist folks higher perceive it. I am going to re-post these set ups with their explanations to get the thread going. I wish to see folks contribute or ask questions in order that we will get a great thread going.
Set Up 1
Set Up 2
Very straight ahead arrange. Noticed a stopping quantity on the 1 hour with a bullish response. Then stopping quantity on the 5 minute with a no provide affirmation which is after I entered the commerce. My trailing cease loss was hit off the rejection of the excessive of the day.
Set Up 3
Caught this arrange yesterday(Monday) on AU. Obtained stopping quantity within the 1 hour adopted by the up-reaction affirmation. The no provide was confirmed on the candle that closed above the no provide candle which is the place I entered the commerce. Ultimately excessive quantity got here in with giant pins on up candles which meant that there was provide comming. This led to the no demand. My exit was on the shut of the down candle that confirmed the no demand.