Disliked{quote} Very good trades LvCa! Just want to know: Did u place all your buy orders on Weekly TF or Monthly TF? What was your SL and TP for higher TF? Regards,Ignored
IMPORTANT : maybe i dont' use the standard rules to entry exit , i use this metod for my trading-psicology ( i'm only at pag 150 of this 3d , in future i must continue to read it)
I do this :
i dont' place my orders in weeklyTF or monhtlyTF , i place my order in a lower TF (in this trade is 4hTF ) :
My entry (full size) and SL is in the lower TF : SL under the price channel and conservative entries --->good PA and the TDi must be very good ( TDI>MID BAND>Signal>50livel) and if the TDI is > 68 (Buy trade) i think this situation is a very good trend and i dont look the TDI crosses , so i NO find a reversal but i think that it is a good trend continuation
My exit (1/ 2size) is in daily chart ; other 1/2 position in weeklyTF or Montly TF (close all my trades) . I close at first bad situation (example , the PA cchange color and TDI cross in a bad situation) , on the cart ther is an X on TF montly where i could stopped out all my previous long trades.
Sorry for my english , in little word , the core of my trading is:
Lower SL and highter TP : Entry on lower TF and Exit on Maximum TF
GL far ALL