Study it well please
Your support is always appreciated
So please learn it well...
Also, please do take sometime to study my other material.. Here is the link
To simplify for those who don't know how to trade candlesticks, we say a signal bar with good size in the direction of the entry
So if i were to categorize a level 1 signal from least sophisticated to most sophisticated, I would say:
1. a signal bar with good size in the direction of the entry
2. A candlestick pattern
3. A micro divergent candlestick pattern
The more you know the better you do
Yes I know EW and I use them a lot but i also have alternative waves which I call Twaves and Pwaves. For me they work better because they can be defined very accurately
EW is a great tool and it has great rules which one should learn but the problem is that it is subjective.
So I do incorporate waves into The PanOptic Method but from a slightly different perspective that builds somewhat on EW
Yes it is different
I have not decided to expose Twaves and Pwaves yet
When I do, I'll post something about them on my page
Thanks for asking
Question 2: Previously you would mention to place STOP on previous day's Hi(sell) or Low(long), but in this chart you've mentioned to place the stop on the previous candle meaning the house before? Which is it exactly?
Question 3: Do cloud colors play a role at all in placing trades?
Question 4: Where's the list of your different types of set ups as i'm seeing there are possibly different set ups?
Thank you kind sir
The PanOptic Method is a complete trading system, not a single strategy. It is involved with the type of market that you are trading and the environment around it. So I don't know how you can back test that.
I did a lot of testing on the setups but even that would be difficult to quantify because it is not generic
I guess the best thing to do would be to follow me and checkout my performance live
This contains all the basics