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I do have a few tweaks I plan to add , in regards to MM, but for now its working well enough to qualify as worthwhile . The 1/1 risk all or nothing profit capture is somewhat crude but forces one to let the trades unfold and Ive gained a lot of dicipline practicing this day after day .
I also have a simpler version that follows the current sessions high or low as a bias that produces overall . But for this thread Ill stick to the one method only .
3 winners 1 loser today +37 pips , so ends a seesaw ride of a week .
Observation -
Overall the greatest opportunites Ive seen whether the day turns out to be choppy or heavily trending begin when price starts making new highs or new lows . Sounds textbook when I say this but its true day after day . Focussing on trend following can blur these simple opportunities . If you think about it price needs to start somewhere and where it starts is up to you , it could be any time of day but its more powerpacked when its around London,Tokyo or NY open (for FX anyway) . Kinda like the "line in the sand SR level" only its a vertical line Hmmmmm food for thought .
