Disliked{quote} I think that the NLD indicator is not enough for a succesful trade. Mrs Kosmo said you about S/R which is an excelent tool that will help you. Another tool you have to consider is the H4 trend and the daily candle. As you can see in the chart, you decided to go long when there was a downtrend in H4 and the daily candle was red. With the same 2 factors you can explain the other failed trading decisions you made today. So my advice is to use 2 more indicators (H4 Non Lag and Daily candle) and to watch the S/R lines. {image}Ignored
In Forex market You'll never know when the trend will start and when will end.
Another thing - every support or resistance could be broken.
That's sure things.
So i think that we should focus on simple rules for this system and take no exceptions.
Even if everything that You know tells You that You're going wrong way... take the trade according to the rules.
2 cents
I'm newbie so if You dont agree that's OK. I can be wrong with my thoughts