Intraday-1.
Basic scenario. Alternative scenario.
One of the key item of my trading approach states the higher DMR level (decision making price range) which price comes in the higher entropy in terms of further possible scenarios. Currently, variability starts from daily charts and to stay in line with market trend we need trade all possibilities to let the market select the real one. Basic scenario. Weekly...
We have two scenarios both of which are must be traded to stay with market. We don't need to develop sufisticated models to rise forecasts probabilty. At least, the goal is NOT probability but balance growth. Going with trend will costs some money - the sum of wrong scenario SLs. However, it makes sence to ride the correct one with complete deals portfolio. Yes,...
buy stop 1.3070 stop loss 1.3030
If price holds below 1.1623 then the alternative variant might take place. To trade it within grey wave I placed an order sell stop 1.1350 SL 1.1500
buy stop 1.1450 SL 1.1400
If price holds below 1.3260 then this alternative variant might take place which we should to trade within falling grey TW at least. Sell stop 1.2950 SL 1.3200 TP 1.2690
buy stop 1.1405 SL 1.1350