Hi Bedayan
I only place one order. If price is below the MA's then i only place a sell. So its actually more like a trend continuation trade. I have tried to have both placed and when u get stopped out then u buy, but if the trend has allready been confirmed then it will only make u loose twice, or then your TP should be very small.
I also let my pending order last 4-5 days, so if i have a downtrend confirmed by the MA's and price breaks up next day and the day after, But then on day 3 or 4 it resumes the downtrend again then my order gets hit. But that is not in the stats above, they dont happen so often as a direct breake, but are very good to trade.
I only place one order. If price is below the MA's then i only place a sell. So its actually more like a trend continuation trade. I have tried to have both placed and when u get stopped out then u buy, but if the trend has allready been confirmed then it will only make u loose twice, or then your TP should be very small.
I also let my pending order last 4-5 days, so if i have a downtrend confirmed by the MA's and price breaks up next day and the day after, But then on day 3 or 4 it resumes the downtrend again then my order gets hit. But that is not in the stats above, they dont happen so often as a direct breake, but are very good to trade.