Nice posts. Have you used this method with any success? Only problem for me in implementing something like that is that fact I'm not a day trader, nor do I ever intend on becoming one... Too much work and too much tension. I like to enter my trades on hourly candle trend continuations or reversals (knowing ahead of time which pair/direction I plan to trade in... NEVER doing it on the fly with candles alone) then I live with the trade results through the morning, win or lose. I never have more at risk than I am comfortable losing so I can sleep just fine knowing I won't wake up owing my house to the broker or something...
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