Hi,
Assuming that one already have a highly effective trading methodology/strategy that can indicate/tell the following s/t intraday PA signals :-
a) Prevailing Intraday or short term Trend Directions
b) Stalling/pullback level signal
c) Reversal signal
The only unknown thing is the durations period of the prevailing trend until only such time when a stalling signal is being triggered. And sometimes the pullback can morphed into a reversal signal due to some external factors but if that happens, one can also use the pullback level to flip the prevailing trade. The average pippage for such trade setups are normally between 70-150 pips per trade.
Given such scenarios/conditions, what and which type of trading method would produce the best and most effective result in order to achieve a maximum benefits/profits level ?
All suggestions/ideas highly appreciated.
Assuming that one already have a highly effective trading methodology/strategy that can indicate/tell the following s/t intraday PA signals :-
a) Prevailing Intraday or short term Trend Directions
b) Stalling/pullback level signal
c) Reversal signal
The only unknown thing is the durations period of the prevailing trend until only such time when a stalling signal is being triggered. And sometimes the pullback can morphed into a reversal signal due to some external factors but if that happens, one can also use the pullback level to flip the prevailing trade. The average pippage for such trade setups are normally between 70-150 pips per trade.
Given such scenarios/conditions, what and which type of trading method would produce the best and most effective result in order to achieve a maximum benefits/profits level ?
All suggestions/ideas highly appreciated.