stockEX, do you trade pin bars only?
James16+Rayanmcd(Jan kone) and ME 7 replies
Dislikedhello everybody, thanks jankone for the great thread!
i'm just reading that very interesting thread since days and hours and hours..
just two questions, hope you can help me:
1. on page 20 / post 286 jankone was posting the pinbar indicator (zip), i have downloaded it, i have two files (mq4 and ex4) wich one do i have to install? or both? can you tell my exactly in wich folder?
2. for what you use the 21ema and 51sma? wich signal do they show?
thank you so much for answering, god bless you all and lets have thousends of pips!
cheer mexIgnored
DislikedWell , that is literally the one million dollar question.
Iīm still figuring this one out for myself so yeah canīt say whats best here. What I do at the moment is I try to let trades with trend run as long as possible locking in profit behind important S/R areas.When I trade Countertrend I usually get out pretty quick. Your trade came out of a fairly sideways movement so I would probably have taken profit at first support ,too.Ignored
DislikedI'm really glad for you,mate! Well done! I will have traded it fourth month this month and can tell you for sure that it works BUT there's a so called human factor. If one is able to remain cool and calm for 9 hours 5 days a week then I believe he/she will be able to make a great deal of return. But it's damn hard to remain calm and coolIgnored