VARIATION 3 – COMBINATION OF BASIC 1 & 2
This is really just a merge of variations 1 and 2, and is used for
waves that are 30 to 40 pips.
When prices start dipping down below the high that was just
established (at least 8 pips, preferably more) then place two entry
orders, one for each of the above two variations. For the entry order
that you place based on trading variation 1 then set your stop to be at
the 50% level of the wave.forex sato
Here is what you do as soon as one of two things happens.
<<1>> If prices rise again (before having hit your 50% entry price)
then simply replace your stop to be a few pips below the low that
was just created, cancel your other pending order, and continue as
you would normally with the “Variation 1” technique.
<<2>> If prices continue to drop and triggers your 50% entry then
cancel the other pending order, and continue with the “Variation 2”
technique.forex sato

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