DislikedI'm afraid I cannot report how well my MEME trades are going as I always like to do and take great pleasure. I wouldnt be true to everyone if I didnt show what Im doing now....Not well at all. Here is may last two weeks. {image} {image} Not sure where I go from here except start from the beginning and see where I'm going wrong.Ignored
I know your pain with trading MEME. The large drawbacks can really wipe out your winnings which caused me to stall my process in this money management system as well. I when back to study Weekly Candle swings on the Monthly trend to find where I was going wrong. I re-learned how to determine the point where the weekly candle becomes Bearish or bullish and decided to cut all MEME basket trades if the current weekly candle ( If Bullish ) closes below last weeks low. It means I close basket with losses more often but I avoid huge drawbacks.
I also need to use 0.3 ADR between trades on some pairs.
I am not sure if Emm agrees ( he's probably busy watching the soccer ) but its the route I'm driving at present
MEME trades at present USDJPY / GBPJPY / EURAUD / USDCAD
Trading thin liquidity at the boundary of the charts
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