Hello am Wolph . Happy to be here

Community Introduce Yourself
1

hello , am Olu( wolph) and am a new trader who just knows the basics and wants a community to grow together with. Wish you all success. :gift:

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2

That’s awesome! Welcome to babypips and I look forward to reading more posts from you! Are you testing out a new trading strategy?

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3

Hi! It’s nice to meet you. Wishing you the best of luck :four_leaf_clover:

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4

yes , i am .

5

Nice! What’s it based on? :slight_smile:

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6

SnD ,SnR, breaks and ema crossover. its simple and effective . obviously I enter trades after doing some trend and candle stick analysis. also I use something called WBB

7

Hi! Welcome to the platform! All the best! Btw, how did you come to know about babypips?

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8

thx. Just searching around google

9

What’s WBB? :slight_smile:

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its a breakout strategy after a breakout ( choch) you draw a box around the breakout candles and wait for a breakout from that candle . if a breakout happens but it is a wick , the box just expands till a body candle breaks out then i enter a trade . remember price usually consolidates for a short time at a breakout. the wbb helps avoid false breakouts and helps enter at the right point avoiding liquidation

11

How do you set TP?

12

previous higher high or previous lower low but mostly a change of character choch

13

What is “choch”?

14

its a change of character . when a trends structure is broken

15

Wow I wouldn’t have figured that out. Thanks! Is this a new term? Also, how do you pronounce it?