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Ferru...great tool !
Hi Again
In my previous posts here, I talked about bagging 20 pips from the probability meter.After the big fall then a retrace I jumped on board here to make my target of 20.My screenshot (pic11) is after the fact and shows I could have gotten some more pips but you can do this all day long, on any pair.I also posted that trade from a live account.Only for $2 a pip but you get the gist of the message.
I'm sure for traders who have been in the game a while,and there are many seasoned traders here on TSD, they understand the importance of "screen time".There comes a point where you top the learning curve in relation to screentime and whatever method or indy's you use you see the trade coming.Gartely's and butterfly's are 2 examples of identifying a leg of a move once you have sufficient screentime.Ferru's probabilty meter is a tool that doesn't require a lot of screen time use with it to get the" feel" for trades setting up.With all the info the meter gives and with your other confirming methods,20 pips takes sometimes minutes to bank when you wait for the signals.
I hope these examples are informative to those observing.
David
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