DislikedHI Bkg,
Your trade are amazing.
May i ask a few questions, thanks!
1)
Do you trade when the price touch the trendline immediately or wait for something else to double check then enter?
2)
What would be the SL you set for each trade, i see you talked 200 pips in serveral post ahead
3)
You just trade with dialy chart, right?
4)
If i dont' missunderstand, once a trade is activated, you will keep it open util the daily close. Then if the candle close below the trendline (for long case), you would take it as a loss and close...Ignored
1) I do take the trade on the touch of the trenline. We will have much more success if on a downtrend you take trades that touch the top trendline and on an uptrend take trades when they touch the bottom trendline.
2) My s/l is when the candle closes on the opposite side of my t/l or 200 pips.
3) You can use t/l on any timeframe chart but I only trade daily.
4) Your understanding of this is correct.Once prices closes below or above my t/l I take my loss and enter in the opposite direction.
I am looking forward to another great week of trading!!
Please ask questions and share your experiences with us all!