Dear trader, as trading is without indicators and information a 50 % 50 % possibility im wondering if its possible if we can find maybe together a way to make sure we know all the time the direction! Thats why just add which idea you could have to increase this ratio!
As im trying to say simply is it possible to create a way to always know we will be right with time without "speculating" too much!
I created that way and maybe we can add some ideas or improve my idea together
The idea is this:
Imagine starting at eurusd at 1.30000 starting with a buy 0.01
If price moves our direction 50 pipps tp we are fine and collect profit and restart! 1.3050
If price goes against us 10 pipp to 1.2090 we open sell 0.02 with tp 50 pipps 1.2040!
If price goes up to 1.30000 we open buy again with 50 pipps tp 0.04!
If price goes back to 1.2090 we open sell 50 pipps with 0.08!
Means if price is ranging we will add new positions but once price have to move in one direction and get into a little trend of 50 pipps!
What do you think of this idea ?
My idea behind is to hold it tight and try always to find the right direction through changing those position!
Through that trading style you wouldnt need an entry point you could just start anywhere and hope to get in a trend.
So the idea behind is to try to determinate the direction through positions and not "speculate" on the market
If anybody wants to add something positive i would be happy
Kr
As im trying to say simply is it possible to create a way to always know we will be right with time without "speculating" too much!
I created that way and maybe we can add some ideas or improve my idea together
The idea is this:
Imagine starting at eurusd at 1.30000 starting with a buy 0.01
If price moves our direction 50 pipps tp we are fine and collect profit and restart! 1.3050
If price goes against us 10 pipp to 1.2090 we open sell 0.02 with tp 50 pipps 1.2040!
If price goes up to 1.30000 we open buy again with 50 pipps tp 0.04!
If price goes back to 1.2090 we open sell 50 pipps with 0.08!
Means if price is ranging we will add new positions but once price have to move in one direction and get into a little trend of 50 pipps!
What do you think of this idea ?
My idea behind is to hold it tight and try always to find the right direction through changing those position!
Through that trading style you wouldnt need an entry point you could just start anywhere and hope to get in a trend.
So the idea behind is to try to determinate the direction through positions and not "speculate" on the market
If anybody wants to add something positive i would be happy
Kr