GBPNZD Morning Tip, Plutus Reversal Short plus more in the background, 55 pips

Panagiotis Diamantopoulos
Mar 22, 2021
1 min read

Another morning tip to my fellow members

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6 Comments

Rajesh Kanattu

Mar 22, 2021

Where do you put the SL?

Panagiotis Diamantopoulos

Mar 24, 2021

Replying to

Hi Rajesh, I think the correct question would be where do I put my target because this is going to define where I put my stop loss. So the 1st target is the next significant level (support / resistance/ Fib) and the risk to reward should be at least 1:1 if you are an expert and 1:2 if you are a novice. What you see is just the blog apart from that there is a small community of owners that we chat on line every day and share forecasts as well as helping them out with the methodology. Concerning Amibroker I suggest you switch to Metatrader which is free. Since I am not a developer but a trader which have develop…

David Skelton

Mar 22, 2021

I see that sometimes you have weighted volume applied and other times not - is that just a case of playing around adjusting the settings like happens with SI?

Panagiotis Diamantopoulos

Mar 22, 2021

Replying to

I suggest to use it with weighted volume set to false. Yes I do all kinds of testing.