I concur with this one Nala. I have blown many a demo account over the past 5 years using ideas like this. Stick with the 1% per trade and aim for 2% win for the day. I will post ...
Sorry I have been so long, but I cannot find the reference to this in any of my books, I know I have read it in one of them. You cannot continue to infinity. You can no longer ...
No, we don't wait. We have already waited for the EMA's to bunch up. We look for the signal to start them spreading again. If we are wrong, we lose a little bit. If we are ...
Here is where I get a bit lost. If we wait for the ema's to spread apart on the m5 chart before taking a trade, a big part of the move has already happened.
3) We need to consider when to trade and when it is wiser to not do so. For example, if price is trading at the EMA of the higher time frames, then it just becomes guesswork as to ...