Just checking please. a 1 pip wick is invalid for an entry?

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[quote=SolidRockk;15115333] AC Long 7.5R from base of Red bar, but due to Spread and time of entry its a bit smaller RR Trade review: TP hit. I feel the entry bar was identified properly, late entry and will improve upon this as we go. RR was not ...

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Thank you for your advice ITB. When looking at my Daily chart, is the way in which I set one of my SR zones incorrect, or do we pay more heed to a more recent SR zone?

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EJ Short 7.5R from base of wick, but due to Spread, a bit less. I think this will do as examples of where my trading mindset is situated at these early stages.

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EG Long Demo, was too late for entry, price has moved way too much already to enter. With a Red wick at 4 pips, Target is 30 pips

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AC Long 7.5R from base of Red bar, but due to Spread and time of entry its a bit smaller RR Trade review: TP hit. I feel the entry bar was identified properly, late entry and will improve upon this as we go. RR was not the same as 7.R as I am trying ...

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Still at school reading the thread. I'm coming through the process. Be there as soon as I can. Trying to prevent same Q's being repeatedly asked. Application of the lessons is where the action needs to be, & a well understood and necessary ...

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This idea is new to me as well Island. The mindset for myself that I may need to work on... is that this is revenge trading and it is best to wait for a new setup the next day. So how many times can we have another crack? If I may answer the ...

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Hello Island, I am trying to work through drawing levels and understand or feel comfortable in feeling ok with most levels being taught / indicated as being appropriately placed...but not this example ... Why is there a 2nd support zone on such as ...

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Whilst I continue with completing the reading & taking notes - I wish to extend my gratitude to your working through tough times and passing forward.

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Hello Island. As I am going through the thread, whilst I am in the back ground, may I ask if this chart set / template as far as colours go is suitable for you to make your assessments when I come back to posting after working through the thread's ...

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Now I understand why you have the ADR

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Jan 8 2025 AU 2 Hrs before NY close H1 chart has a rejection bar. Entry Long 5R = Target of +50, SL-10 BE at R1

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Jan 8 2025 ACad 3 times we have had rejection in the same zone for a Long. Late entry by 11 pips 2.6R target SL set at -12 pips Review: SL hit. NY session closed with a gap just under SL ... it was not a smart move to enter 15 minutes before NY ...

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Target hit. +23 pips taken from the market. A well executed trade.

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7 Jan 25 GU Bearish with a wick at Support hit. Entry Long. Target set at +23 SL set at -10 = R:R of 2.3 : 1 BE set at 1 : 1

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Ah, ok. Shall do. Is this charting screen setup acceptable for the standards you require?

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I would never have taken that entry, so I will continue to read the thread and ascertain why that was a good S/R point to mark out on the charts. I understand the candle pattern you used though... and a 3 pip Stop is also new to me. 3 pips is no ...

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Target hit. Good trade. +23.2 pips at slightly more than 2.3 : 1 R:R

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7-1-25 AUDUSD Bearish bar with a wick close confirmed in the Support zone 1 hour before current bar of entry. Market has stayed under entry point, entry Long made. 3 :1 target set - TP/SL = 23.2 : 7 BE set at 1:1 for BE Adjustment: Market has moved ...

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