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65 p for today
Nice! Well done.
1 min bagged me about 30 pips in the first 30 minutes of trading. It was more of a test rather than anything serious. I'd leave your system rules as they are but only be more flexible if MTF patterns agree and maintain risk by adjusting position size; there really weren't any good reasons not to be short this morning . My PH,PL are very good ultimate S/R levels which means that if they are broken with conviction then the price is likely to continue in that direction but it usually takes a really sentiment shift to break them. AVI, uses them to get a sense of direction and I use them because volatility invariably increases at that point.
please explain-volatility invariably icreases at the point-
1 min bagged me about 30 pips in the first 30 minutes of trading. It was more of a test rather than anything serious. I'd leave your system rules as they are but only be more flexible if MTF patterns agree and maintain risk by adjusting position size; there really weren't any good reasons not to be short this morning . My PH,PL are very good ultimate S/R levels which means that if they are broken with conviction then the price is likely to continue in that direction but it usually takes a really sentiment shift to break them. AVI, uses them to get a sense of direction and I use them because volatility invariably increases at that point.
nice test re the 1min zup!! you going to keep testing that?
yeah i'm deff going to leave my rules as I know that its a long term winner but what i'm saying is that if my system says buy or sell near one of your ph pl then that is a great indication that i could be getting into a good trade. so i may want to hang on for a little while if pa initially goes against me....
right, another beer me thinks...
you hanging around a litle while?
please explain-volatility invariably icreases at the point-
Price moves more once a PL,PH is reached.
please explain-volatility invariably icreases at the point-
and ph,pl very good ultimate s/rlevels.....
Price moves more once a PL,PH is reached.
exsaple for to day
nice test re the 1min zup!! you going to keep testing that?
yeah i'm deff going to leave my rules as I know that its a long term winner but what i'm saying is that if my system says buy or sell near one of your ph pl then that is a great indication that i could be getting into a good trade. so i may want to hang on for a little while if pa initially goes against me....
right, another beer me thinks...
you hanging around a litle while?Agreed.
Yes. I'll start to read the ZUP PDFs as I need to fully understand the other features.
exsaple for to day
Just look on a chart. You can see that the price went wild around the 7015 zone.
Just look on a chart. You can see that the price went wild around the 7015 zone.
agreed.
funny, just switched on gu and got a bullish pattern on 1min - easy pips had i took it....target B is 18 pips....would like a few fo those per day!!
do you see it Notch?
Gaz
agreed.
funny, just switched on gu and got a bullish pattern on 1min - easy pips had i took it....target B is 18 pips....would like a few fo those per day!!
do you see it Notch?
GazNo. Which broker are you with?