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Last seen: Apr 18, 2024
rookie trader here. here's my additional 2 cents
"Set to BE+1 if can't achieve scalp in 2 or 3 bars." Is this a 5-point scalp or minimum scalp (half size of average bar) ? In this example, if b...
I think it's in a few places. One is 33G Breakeven Stops
also there is an implied pb
weak reversal attempt by the bulls
and here's an example where it's acceptable to use a crowded stop. cheers
Thanks Mr Carpet !
thank you that's excellent
Thanks Mr Carpet. I saw him using it in Bonus Video 9 Good point. I'm guessing it's like any other S&R, if you see reactions there, the...
Thank you. I switched to the 221. I heard Al say something like he views support & resistance as a zone, painted with a fat paint brush, instea...
So you only trade H2/L2 and exit at 1x ?
Yes, I have seen that also. I thought that was stronger than a gap open in the opposite direction. In the slide he says "Best Bull reversal bars op...
80% Breakeven point / COY / 60M EMA Confluence of targets = higher probability More computers are trading it. That's a great setup thanks
great point. He has some slides about 'bad signals/good context' where you can buy above bear bars , etc.