with the passage of time looking at the market days in and days out and loosing many live accounts, it has been concluded that day trading is not for every one and only highly specilaized and professional and dedicated traders can make money. It is trading of daily or weekly cahrts which provides you real money and adjusts and absorbs novice traders mistakes. More over there are very few traders who has adopted trading as a full time job but maximum do take it as part time job. After this much experience, i thought that higher time frames like dailies and weekly do provide you a point, at which market crosses up or down and than takes months to cross that point again back. So i started my quest to develop my own system, but could not do that and finally using this great forum and looking at many systems of many good traders, i integrated them alongwith few my own thoughts and made another system for daily charts.
for direction weekly
for signal daily
for fine tunning entry 4 H
the idea is to look for a point in dailies along the direction of weekly which market will cross and will have profitable swing till the time it is reversed or confused.
pleease give your thoughts and ideas about long term traders especially those interested in long term swing trading and than system and its parameters will be discussed before establishing and concluding finall words
for direction weekly
for signal daily
for fine tunning entry 4 H
the idea is to look for a point in dailies along the direction of weekly which market will cross and will have profitable swing till the time it is reversed or confused.
pleease give your thoughts and ideas about long term traders especially those interested in long term swing trading and than system and its parameters will be discussed before establishing and concluding finall words
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