I know momentum is strong because of how price is behaving on lower time frames. But this can change any minute, of course. If you check previous posts you’ll find a warning a sent you on a 3 candle pattern you found on GU. The reason was similar to ...

High Level Accuracy Method With Little To NO Draw-down

One small point....how do you know that momentum is strong when your trading a 5 trillion dollar per day market??. Yes we had a two day rally, but with any major currency all moves are temporary unless some unforeseen event is happening. A holiday ...

High Level Accuracy Method With Little To NO Draw-down

Right, Swede. I like your analysis and I learn from them too. I just don’t see it this time, especially with high impact news coming. But you never know like you remarked. I’m happy with you buying me lunch tomorrow btw

High Level Accuracy Method With Little To NO Draw-down

I’ve been following this thread since the beginning and have incorporated this method to my trading, after many hours of studying it. I don’t think it’s working in this instance. Momentum is too strong and it will probably rally to 1.2550. It is ...

High Level Accuracy Method With Little To NO Draw-down

But the short term trend is bearish... I wouldn't long that.

High Level Accuracy Method With Little To NO Draw-down

I think liun actually means to stop loss the trade if it reverses, instead of hedging. If you hedge, then you will only win if there is an ODD number of crosses as you well realized. That’s why you need a stop-loss on every trade you open. I tested ...

Simple trading but profitable