Disliked{quote} Gosh it would be so good to see a video live how you do this. I can't fully grasp how fast do you trade. If you expect a reversal towards sell, you remove your green buys and put orders for sell. What if the price is bouncing around? When do you decide it's time to hedge? What is your signal to remove sell orders and hedge with buys? That's what took most of my profits away today. removed green, placed buy order, it went against me, I cancelled it with loss, placed hedge, it went against me, I cancelled with loss as it looked like it will...Ignored
I mean everything was going as planned as explained in the pdf...
We hedge at the beginning of asian session, london makes daily high, we eat the buy at this moment and place second sell for the london/ny overlap. The reverse started before the nfp and this was our signal. The price was rejected by the VAH as well. At this moment we are with 2 sells ( 1 from the beginning of asian session and 1 at london high before ny session.). Clearly we would have closed massive profit.