4H: Identify trend following of 4H
- Buy when uptrend
- Sell when downtrend
- Wait if sideway
1H: Observing the price action at the key level (breakout, retest, false break)
30M: Finding the best entry for perfect Risk/Reward ratio
- Buy when uptrend
- Sell when downtrend
- Wait if sideway
1H: Observing the price action at the key level (breakout, retest, false break)
30M: Finding the best entry for perfect Risk/Reward ratio
Trade active:
Comment:
Move SL lower, above the key level
Comment:
Move SL down and above the next key level
Comment:
Price nearly hits my SL, but it's a false break. Price continues moving down.
Comment:
Move SL to lower key level