Are you still trading this system? It seemed to be doing very well.
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DislikedIsto.....
Good work on your strategy and thank you for sharing....
I have been using a similar strategy that I call trading momentum....your links have helped me further refine my system.....
Hope your still doing great.Ignored
DislikedI still have a hard time understanding your stop loss placement. I think I may be missing something. Are you still getting great results with this?Ignored
DislikedIsto,
This is certainly a great approach. After reading your post I googled and found a result in trading-naked.com, a material on this type of trading with lot more information. Thought readers on this forum might be interested in.
http://www.trading-naked.com/FloorTraderMethod.htm
All the best
TSIgnored
DislikedI've never tried on TF less than daily but I doubt that it will be so effective on TF less than 4h...
But I did't check this.Ignored
DislikedThank you isto i see that,
what i mean it's to post and comment chart :
1 biggest like that
2 with your comment
This is only for learning.
Thank youIgnored
DislikedHow exactly do you know when to bank all those pips. I know its best to let them run in a trend but without loosing to many whats the best way to know when to get out?
I thought maybe when the price action gets far enough away from the WMA in the direction of the trend try to exit before the pullback but not sure.Ignored