The attachment shows two different lower levels but with an almost common upper level.
In the trade setup, which lower AIMS level should we consider?
Which AIMS level to consider?
- tayct
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Which AIMS level to consider?
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- Grant
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Re: Which AIMS level to consider?
For me its the closest to price (the higher one in your example), unless its too close to an M5 level..tayct wrote:The attachment shows two different lower levels but with an almost common upper level.
In the trade setup, which lower AIMS level should we consider?
cheers
Grant
success = patience + discipline - greed
- tayct
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Re: Which AIMS level to consider?
Thanks Grant! I should take it that it would apply in reverse to the situation where the lower level is common and the upper levels are different as well. That is, to take the lower of the two upper AIMS levels.grant18265 wrote:
For me its the closest to price (the higher one in your example), unless its too close to an M5 level..
cheers
Grant
- Grant
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Re: Which AIMS level to consider?
tayct wrote:Thanks Grant! I should take it that it would apply in reverse to the situation where the lower level is common and the upper levels are different as well. That is, to take the lower of the two upper AIMS levels.grant18265 wrote:
For me its the closest to price (the higher one in your example), unless its too close to an M5 level..
cheers
Grant
Correct, just be aware where the M5 AIMS level is
cheers
Grant
success = patience + discipline - greed
- tayct
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