If Short EWT = Short SMS.....
Markets Forex

0 Like 0 Dislike 5 Replies
2 years ago

And LTCT = loss and within 6ATR do you take both trades (providing floating profit)?


Posted 2 years ago 0 Likes   0 Dislikes

The UTP made this so easy to follow, Blue to blue...stay well clear if there's been a profit....no profit then lets make some $$$$$ (within the 6xATR of course)



Posted 2 years ago 0 Likes   0 Dislikes

Agreed . Guys you are getting the hang of UTP I see. Its great to see other students that have these clear rules in place.

Happy Trading.



Posted 2 years ago 1 Likes   0 Dislikes

@dreamteam90 

Please also be aware that if you get in on an overlapping EWT/SMS (Should be treated as an EWT) you can't then use the SMS to scale in if the trade goes in your desired direction.



Posted 2 years ago 0 Likes   0 Dislikes

thank you for clarifying!



Posted 2 years ago 0 Likes   0 Dislikes

depends. if you are already in on ewt, you can take sms also. if not, you take only ewt.