you are missing the 3 main conditions. you post only the confirmation entry conditions.

Waiting at the Riverband

who wants to indicate the set of conditions for this trade? without participating you won't learn and not sure of what is actually happening.

Waiting at the Riverband

when you are comfortable with this method and your works prove so with high win rates you do not go for long distance TP, you go for bigger lot size. your account will grow at a faster rate.

Waiting at the Riverband

he doesn't go for long distance TP usually targets m15 nearest swing point.

Waiting at the Riverband

i know that you have already grasp the concept. do you feel comfortable using this method?

Waiting at the Riverband

compare with mine

Waiting at the Riverband

with m15 entry, you still can get 40-50 pips TP

Waiting at the Riverband

you see that in htf. when you note an impulse wave or displacement which can appear in any time frames, put on the fib. if you see 2 time frames with impulse waves, put in both of them.

Waiting at the Riverband

i won't proceed until someone show a chart with the set of conditions properly drawn. in this case there are 5 conditions. not a single one should go missing. the 6th condition is only visible in m1 and m2. but i can let go of this. if you cannot ...

Waiting at the Riverband

image

Waiting at the Riverband

concerning that wick, candles already closed above it. different eyes can see differently m3 and below time frames are much clearer.

Waiting at the Riverband

can someone mark out the set of conditions that he can see on my trade

Waiting at the Riverband

you have to pay more attention to post 1 and what i had shown from 10 september asia session. they are all there. do not know why you missed them. when i learn something new, i go through them at least 3 to 5 times. or else sure fail to make it.

Waiting at the Riverband

it is not considered 'safe'. nothing is safe in trading. it is just a discretionary tool. it may or may not prevent you from trading. price can even go down to fibo drawn from yesterday low. who knows.

Waiting at the Riverband

so obvious dropping to discount. could even going for yesterday to today range discount.

Waiting at the Riverband

now this is for the medium time frames

Waiting at the Riverband

it appeared to me that you have a racing mind eager to trade fomo. you need a filter to slow you down. what can you suggest? i am not finish with this yet. i also did not see you put in a fibonacci to know whether you are in premium or discount ...

Waiting at the Riverband

1st show me the confirmation entry 3 conditions in m3. i need to understand what did you see at that point in time.

Waiting at the Riverband

let's analyse why. post your losing trade on how would you be treating the 3 time frames. htf d1 or h4 or (h1 to a lesser extend) medium tf m30 or m15 entry tf m5

Waiting at the Riverband

london open. ranging or dropping?

Waiting at the Riverband