Hello, I have been reading a lot about Seiden setups, and watched a lot of the free video's.
I'm currently testing the ideas on the currencies market, and have some questions to the users who use his approach to the market:
Offcourse I understand it is impossible to provide exact answers to this, but I'm interested if someone can give some guidelines)
- Suppose one would be trading the smaller timeframes, say 2-5 min charts. How many good setups can one expect to trade in let's say 10 days of trading ( 6 hours a day)
( next again, I understand this also depends on what grade one gives a trade, but let's say we choose to take all trades which grade 7 or higher)
- I have to agree with Josh that Seidens presumption is based that market conditions at the time of creating a zone and revisting have not been changed, and this is hard to believe. This question is also stated in some articles and video's and a thorough answer was not given. Next again, we could establish a rule such as the revisit has to be within timeperiod x to possibly work. Does anyone has experience with this?
Kind regards