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louis.loopqck ScalpingDayTrading
XD, you put one arrow on each side, and when it's going somewhere you say reached ! What's the point ^^
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ScalpingDayTrading louis.loopqck
The entry point is the red line. Arrow for direction. Grey circle for target. Is it ok for you, now ?
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ScalpingDayTrading louis.loopqck
the beginning of the arrow is generally on the back line which is the entry point.
I tried to do something comprehensive and simple... What do you suggest ? I won't like to put cotations because of broker's cotations which could be different. Trading view is powered by FXM prices. So if you're with another broker, bad entry price et entries precision are crucial.
Is that ok for you now ?
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ScalpingDayTrading louis.loopqck
normally, you've got the price cotation at the right of the black line. With these schemes you can easily reproduce the study with your price cotation.
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louis.loopqck ScalpingDayTrading
Well, so how should i use your analysis ? If it's breaking down i short, otherwise i'm going long ?, but where is my stop, where is my entry point ?
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ScalpingDayTrading louis.loopqck
exactly. Your stop depends on the leverage you use... I can't indicate stops. This must be your choice.
A rule told you to put your stop over the last low or high point.

Is that ok for you ?
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louis.loopqck ScalpingDayTrading
Yes thank you
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ScalpingDayTrading louis.loopqck
You're welcome. I hope my graphics are more clear for you now and I hope you don't think I draw arrows in the middle of nowhere just to said "REACHED !" ;)
Have a good day
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