Another setup.....Blue line entry.....
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Dislikedmihnea11, I use the average daily range as guide for exits, meaning how much it can probably go. Its a guess at best but the most useful guess in my experience. Trade management must apply.
kilopip, all i can say is depends. Time frame you are trading ? Time of the day ? the news and sentiment of the day ? the momentum ? what does longer time says ? all these plays a part.
Come to think of it, I believe I have made a mistake in this thread, it is also reflective of my own misconception of trading this setup. The mistake ? Is that I try to...Ignored
Dislikedthanks a lot for sharing. I trying to use something similar with emas 10and 21, and sma50 for trending mkt. I just think you should keep on going this thread, it s great and you can update for improve this one, anything you dicide its ok. thank you.Ignored
Disliked{quote} Hello, there is no improved version, everything is just still old school trading style. What I was referring to was my poor and rigid trading mentality. How do I discuss my thoughts I don't really know how. I am thinking about maybe a new journal or systems thread.Ignored