Re: TradeHunters Observations on the Forex Market

9
josi wrote: Tue Sep 27, 2022 12:01 am Possibly Beatlemania's new setup could also be used for reversal-trades (why would I need a big-candle-indie).
If you have an affinity for risk-taking, of course:
I think your chart speaks for itself, its nothing but chop for the previous 6-7 days.
I added 'big candle alert' set to ATR on the one hour and with a trigger on the 15 for an excellent entry.
Volatility and liquidity events move faster than indicators so you have to go down timeframes to catch them properly and set stops.
Its a fairly rare event but a worth while addition to a system for taking reversals that will have a high win probability, especially into liquidity zones. Hey and what is this 'casual member' BS :lmao:
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