Quote:
Originally Posted by Tess
Two of my favorite triggers are 1-2-3's & breakout-pullback triggers. I'll play them via a 5 or 15min frame (plotted from the 4 hour levels) if price sets up accordingly. I'll also play a breakout of an inside/outside bar from a 60 or 240min frame if it's butting a key s&r zone. Again, I'll drill down to take a look from a tighter timeframe chart to refine an entry if desired.
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There are examples of these trades all over this thread & one or two across on the 40-100pip threads too, highlighting the benefits of these type of triggers.
Yey another typical set-up played out yesterday on Cables continued slippery slide down the slopes. Took a breather & found fair value at her highlighted range zone before breaking out & pulling back to test the momentum.
A case of pulling out your favored trigger & getting aboard for the continuation ride down. You got yourself a clear entry line, a good area to slot your protective stop-loss into & some downside levels to aim for. Long as you can tick box your main criteria for taking a trade on, then off you trot
