DislikedIs it possible trade stocks the same way?
If not, do you have at least a good trailing stop method for stocks like your MA100 one?Ignored
Have you read "How I made 2 million in the stock market" by Nick Darvas? Worth a look.
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DislikedIs it possible trade stocks the same way?
If not, do you have at least a good trailing stop method for stocks like your MA100 one?Ignored
DislikedYes, the daily should give you the direction and then watch for the hourly going in the same direction. If it doesn't then no trade.Ignored
DislikedThank you for the book recommendation. I`ll take a look...
So... it is very quiet here. As a matter of fact, I can`t seem to find any pair to take with your system for now. Anyone see anything? I though the EURUSD gave a sign 10 hours ago, but the daily SMA100 was opposite to the hourly one.Ignored
DislikedBDY, is so, what did you meant here by: "You wait for a stoch cross and ha change in any direction on the daily chart. You do not take the trend into consideration"?
While reading the whole post, I feel the system you`re describing there is a bit different from the one you described on your latest PDF from june. Am I wrong? I though the daily and hourly trends must fit, and that we buy after a smooth pull back to the SMA100 line, and not "every stoch cross no matter...Ignored
DislikedEurCad short or long? Daily is small long and weekly - long long.
AudNZD Long? Can`t see anything special there. Could you explain?Ignored
DislikedThanks, Hugh! It is always good when you give a hint. From what I see, when EURCAD D1 HA closes green, I would look for opportunities to enter EURCAD H1 Long on a smooth pullback. And if AUDNZD D1 HA closes red, I would look for oppurtunities to short AUDNZD H1 on a smooth pullback. :-)Ignored