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***q/ from chart 91,can you predict where is the price heading next?and why?
*** 15 MINUTES CAN BE USED THE SAME WAY AS 1 HOUR,NOT MY PREFERRED TIME FRAME......EVERY tf CAN BE USED FOR THIS WAY OF ANALYSIS.........THIS IS A SORT OF TRADER CHOICE TO FIT ANALYSIS IN HIS TIME..............
[quote=pawelfx;8810601] Unfortunately we can not predict if there will be a dip and price will go strait up as it did at 5th setup... or can we?
And saying that "any turn setup can give a reward at least double that risk is a little bit ...
***In the daily chart expect turn setups at the beginning,mid,or end of the month............that is how big players change the price....... ***In hourly chart expect turn setups a round London or NY opening or the end of NY session......
Any turn setup can give a reward at least double that of risk.............if you see that your risk is high at the moment of complete setup wait for the dip to decrease the risk ........In the example you mentioned if you waited for the dip to enter ...