Big E says he exits when it retraces 10-15 pips. But he also said he uses the swing high/low as SL. A little confussed about which he uses and when.

Trading Made Simple

I've gone short AU. Both AU and NZ look like good trades but I think AU will have more bear power. EDIT: Decided to wait for swing low to be taken out first

Trading Made Simple

When you say ignoring trend lines is a problem... if we are only trading once every hour or every 4 hours, that doesn't give us an opportunity to wait for the price to hit the upper border of the trend before going short or vice versa. Can you ...

Trading Made Simple

I think one area that this forum hasn't touched upon much yet is what news events should stop you from trading. One of the reasons for using the higher TF and take profit levels in this strategy was so that news doesn't affect it as much...meaning ...

Trading Made Simple

Thanks for your analysis 2scoops. I would definitely say body of HA has to be 15 pips minimum to trade.

Trading Made Simple