moey_dw wrote: Sat Jan 14, 2023 10:55 pm
AS JIMMY EXPLAIN USE IT TO SCALP 15 MIN CHART ON US SESSION BREAKOUT JUST SET PIPS TO 1.0 SO IT ALARMS JUST BEFORE THE OUTER BANDS TOUCH ON STANDARD DEVIATION 3......... SCALP THE RETRACE ON GBPJPY FOR 10 PIPS
DO THIS TWICE A DAY 5 DAYS A WEEK ITS 100 PIPS
Mr.moey_dw could you please explain this method through a picture of sample trade
1)us session breakout means breaking of high-low prices of which period of time? the first 8 candle of us session or 8 candles just before us open?
2) deviation 3 and bands period of 20(default setting) is so wide! and outter bounds usually will not touch
3)how it can done twice a day!?
4) which sign or confirmation that should we consider as a begining of the retracements
I Know these are basics and I search to understand it by myself but i became more confuse,,,
please guide me throgh a sample picture with pointing crucial elements of this method
thanx for your kindess Master