Hi,
I'm not sure about the role of the big box ( stop too far away ) just in case you apply Grant's MM.
I decided to ignore it, if AIMs Waves is still orange or near orange, because you change the stop very soon to above the entry candle.
Anyway, in most of the cases of big boxes A0 is far away from beeing near to ZL (Orange ).
Is that correct ? Grant, do you see it the same way ? Or are there other reasons to stay away from trades with big boxes ?
Bettina
Big Box
- Grant
- Posts: 943
- Joined: 14 Aug 2011, 14:52
- 14
Re: Big Box
Hi Bettina,
Over the past 18 months of watching the EU i have noticed that it likes moving in 20 pip blocks. So if an AIMS box is over 15 pips there is a high probability that it will only go 5 more pips before it does a natural retrace.
That's why i like the AIMS boxes to be less than 14/15 pips for my trades.
Hope this helps
Grant
Over the past 18 months of watching the EU i have noticed that it likes moving in 20 pip blocks. So if an AIMS box is over 15 pips there is a high probability that it will only go 5 more pips before it does a natural retrace.
That's why i like the AIMS boxes to be less than 14/15 pips for my trades.
Hope this helps
Grant
success = patience + discipline - greed
- Bettina
- Free Member
- Posts: 491
- Joined: 28 Dec 2011, 19:55
- 13
Re: Big Box
Hi Grant,
yes, it does, thx a lot.
So it's not only because of the stop beeing too far away.
Bettina
yes, it does, thx a lot.
So it's not only because of the stop beeing too far away.
Bettina