NOT TO BE SO, IT WOULD THE HOLY GRAIL
I do not use ... I MAY USE A TSL
I do not use ... I MAY USE A TSL
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Dislikedjust deleted because my eyes know the picture, that has not seen the TMA 60 .... TMA 240-1440 however not intuit
but if you still need it .... Use it
for me the important thing is that the market is oversold or overbought and that there will be an adjustment .... w1 stochastc observes in all pairs of what I have entered please
know the stochastic and one or two or three candles will be affected, and this many pips in w1
sorry for my EnglishIgnored
Dislikedhi MGS1F
I am sorry for my ignorance but i dont understand what u are saying can u show me in a picture chart or something?
thanks
MoIgnored
DislikedBut you dont trade against D1 trend right ?
For example when the price already has broken the lowest D1 TMA , you assume that it will reach upper D1 TMA band sooner or later ?
So if you are somewhere in between that both extremes you wait for chances to buy , after price retraces from upper 4H , like trendchannel trading?Ignored
DislikedEntry triggered at 1.3347, stop loss 1.3397.
Weary of the stochs though as they're approaching the oversold level.
Oh darnIgnored
DislikedAs far i understand and demo traded this strategy its about a breach of the 1D or 4h (if in 1D direction) TMA line , so your entry was wrong, well not wrong in terms of direction but just to early . But again its just how i would have done this maybe the the nice guy who shared his idea with us has another opnion.
And about the SL , the thread starter uses a few pips behind last semphor , so yes latest swing high low would be sane if risk reward is still ok thenIgnored
DislikedRight now i took a sell on EUR/AUD , ok its friday evening here , but its demo trading anyway 1,3540 is my SL i set three TP beginig from upper 4H Band. Lets see if it works , till now it worked on the Forex pairs plus Gold i watched (only 6 trades so far, and i closed them earlier ) but it didnt worked on the indices i tried, got stopped out everytime and see no chance to reenter so far.
(The thread starter nver mentioned indices just to make that clear)Ignored
DislikedIts just that i dont live trade with any system that i dont know well. And "well" menas at least 3month demo forward test for me .
When i see that it breaches upper/lower D1 i enter ( ok to be honest i also use my main trading style to confirm but so far they show almost same entries, my main system was a bid (3hours) earlier this time so iam already in a slight profit)
i assume that at some point it will break the opposite D1 but this can take some time , so ill set tpīs ealier and reenter after the retracements according to the 4h lines...Ignored