Whether you can or you can't, you are both right.
- | Joined Oct 2013 | Status: Member | 164 Posts
Even a journey of a thousand miles starts with a single step.
Trend Manager Trading System 153 replies
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DislikedHello fartist Could you run an analysis of one of the indices as well, Dax or Dow according to this method ThanksIgnored
DislikedHi Fartist, following last night's price action, im watching the 4h UJ chart and according to your approach, if I use 4H chart as entry chart and chase this trend all the way thru, I would've closed out my long position as price closed below EMA50. my question is then what? do you look for chance to get back in again? as the the HTF Daily, weekly are still in bullish trend ( price well above EMA50 on those TF). If so how do you do it? still follow your approach when price moves back in the value zone? or if you are not back in, just observe the...Ignored
DislikedHi Fartist, great thread I am a trend trader too, although my system is much more mechanical. Read the same books and have similar views on most of the subjects presented in this thread. A question I have for you that is not adressed .. if you don't mind. How do you handle swap ? Some pairs like the NZD / USD / TRY etc are a pain in the *ss. I know that I should do some simulations on it but I was interested in hearing your point of view. For the time being I was leaving them out of the equation or only entering when swap was on my side,...Ignored
Dislikednice ,we are almost looking at the same charts !! and trading almost the same way ! let the profit run and cut your losses short this is the core of this system . nice thread regards samer {image}Ignored
DislikedAnd couple of trades that hit my Stoploss Losses are the cost of doing business. The trick is to keep them as small as possible {image} {image} FartistIgnored