my goal as a trader is not to know where the market goes, not even to predict where it can go, ... but to identify the decision points, enter with the lowest risk, know the probable TP level ... than it's all becoming much easier
well yes, but i'm still trying to understand if it's more profitable to use fixed tp, or use the kijun sen as my trailing stop loss... for now i'm trying to open a position when there is a kumo breakout, it means that i ll try to ride all the trend using the kijun sen... in dayli tf it means go for 500-1000 pips, depend on the cross im trading... and then open more positions based on 4h tf with fixed tp... like 200-250 pips...
my goal as a trader is not to know where the market goes, not even to predict where it can go, ... but to identify the decision points, enter with the lowest risk, know the probable TP level ... than it's all becoming much easier
Harmonics Tube - daily trading setups based on harmonic patterns
Forex Harmonic Trading - Harmonic trading practical tips, tricks and hints
AMPmonitor - harmonic and price patterns recognition Scanner that I use
TradingArsenal Quiz project - best edu material regarding the Harmonic Patterns Trading
yeah but i think that harmonic trading give you this kind of advantages... ichimoku is different, but i think it's safer than harmonic trading because you go with the trend... one you understand how enter in the trades it's very easy... for me the hardest part is to get used to biggest sl than HT... also i'm trying to skip trades in lower TF's, its too stressing...
long the EJ with tight stop below last support in the low 90
2013-12-17_1058 - stock333's library