I thought that I'd provide links to info about
the three components of the setup that I'm
using here to monitor the E/U market:
*
Range Bars
*
HA Candles
*
Parabolic
I started with the observation of price action and put these elements
together to help me identify the type of market activity that I'm looking
to trade. It's a setup for discretionary trading that helps identify
potential opportunities and then helps to closely monitor the position
once it's established. Not some kind of HG or even a system.
It's
my belief that traders should know what they are looking for and
not rely on indicators or systems to generate signals for them to follow.
But, to each their own. I'm just a newbie with my head full of ideas.
The acid test of live trading is yet to come. That said, I feel comfortable
and confident in my philosophy and approach. It will take time and effort
to gain the experience needed for it to pay off!
If I'm writing this to myself only - no problem.
If anyone reads it - Good trading to you!
DB