Thanks Lowphat. I think it is good for exit, but for entry … i am not so sure …, may be we need other tools ?
Edit : using high probability tools at higher TF is a good choice, but it is a rare event. As we get the signal at that higher TF with high probability, may be the price has move far enough away from that bounce (Supply – Demand Level).

Thanks Lowphat. I think it is good for exit, but for entry … i am not so sure …, may be we need other tools ?

4h

another daily that was posted a long time ago

daily

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this is one of the main reasons the market moves from area to area. and far as hindsight i will post some i posted in real time in my chat.  subjective or not there are other people with the exact entries i have.

look for a strong move. notice the beginning of the move and there will usually be orders sitting at the start of it. once price revisits the origin of the move you will likely get a bounce unless price has enough steam to break it.  you can use a higher timeframe bounce to choose direction or some other method of choosing a higher probability…[Read more]

look for a strong move. notice the beginning of the move and there will usually be orders sitting at the start of it. once price revisits the origin of the move you will likely get a bounce unless price has enough steam to break it.

look for a strong move. notice the beginning of the move and there will usually be orders sitting at the start of it. once price revisits the origin of the move you will likely get a bounce unless price has enough steam to break it.

Hi Lowphat,
Can you explain more details about this ?

sorry for how long this reply is but going back over some of the indys in my MT and cix 2.2  gets an

CIX_v_2_2_post EURCADpro,H4: array out of range in ‘CIX_v_2_2_post.mq4’ (499,6)

CIX_v_2_2_post EURCADpro,H4: OnCalculateINSUFFICIENT PRICE HISTORY: bars to display will be reduced from 2000 to -2261.

CIX_v_2_2_post EURCADpro,H4:…[Read more]

sorry for how long this reply is but going back over some of the indys in my MT and cix 2.2  gets an

CIX_v_2_2_post EURCADpro,H4: array out of range in ‘CIX_v_2_2_post.mq4’ (499,6)

CIX_v_2_2_post EURCADpro,H4: OnCalculateINSUFFICIENT PRICE HISTORY: bars to display will be reduced from 2000 to -2261.

CIX_v_2_2_post EURCADpro,H4:…[Read more]

http://www.stevehopwoodforex.com/phpBB3/viewtopic.php?f=10&t=4200&hilit=little+girl    not saying its bogus but it just reminded me of this debacle