I think main high and lows to watch, would be those, which took many SLs earlier in history and additional there should be space for taking them out

TRD

This in is in my hand... it is simple fibo tool with only one lev 0 - %$.. I draw tchem by myself mate

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My levs... and entry image

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Agreed with FX.. no need to question why they are there, and even if there is only one answer : They are there bc someone put them there There is no time for questioning while you want to enter on a 1 min/5 min chart, you have to know hat you are ...

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Stevo, as for my understanding, if market is making HHs and HLs the bankers/market makers are letting for that, they want to smaller traders get in with small SL and after then they decide to cut those SLs down with a spike or news and after that ...

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FX You are playing with that US close what SL for that ? is today not a good opportunity for longs in EU even with that harsh move down?

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TRD I think that the stops are at the top/bottom which were not invalidated yet.. every top and avery bottom will be taken out in time... thats the purpose/target for institutional traders.. more space between top or bottom level the better/stronger ...

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Dear friend.. thats best MM indi I ever had..... !

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FX I do not want to change it to sthing else, I want to understand your understanding the market, especially the entry/exit rules... I want learn another skill.. As we all know - trader is learning all his life, SL hunting is very interesting ...

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Did you get the indy you wanted? Yes, thanks mate pic for you FX image That is why for me is hard to understand your entries, bc my entry is always based on a close of a candle... SL is also below some candle high/low... as small as possible...

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Once price close below/above something (lines) I am waiting for price retrace to that line (S/R) and if price cannot breach that level thats my call... 1st position is open at the close of the candle which cannot close above/below SR and the second ...

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If we share our thoughts here then... this is how I trade for some years... I am a big fan of a simple "TAPE"... image

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Toppo can you share that price and money profit indi? Thanks in advance!

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Cold Chisel, why? it is only Asia Low... doyou enter without any confirmation? how do you would know the level will hold?

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Cold chisel, point me where you would enter...? at the break of lowest bear candle?

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Also GU... what do you think...? image

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what I see.. if I am right of course... can we do like that? of course it is not "in the box of EU open"

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Would you trade the same on asian highs? did you sold that beauty? GU

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exactly 6 pips based on a 1 minute chart...

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FX, Asia SL take down? why did you entered at that point? big distance from low 45 pips or so...

TRD