{quote} Hi Emmanuel, When focusing on money strategy - position building, I find it hard to control and maintain average price line: trying to close position at BE. I meaning timing. It require effort to calculate and time to stare at charts. So do you have any advice on EA or indicator for helping. I don't want to be lazy but i think some technical solutions can help us to save time and energy for psychology exercises. Thank you, Son Nguyen {image}
here an example how I trade following the Weekly trend and in the event the H4 become choppy like last week, I will jump in and out of the 4 hour period on M5 chart timeframe.
next week, check the price action - both the price bars and the HA candles. If the PA hangs around the 5EMA and do not trade away from the 5EMA, try not to hold on to open positions and take profit whenever you can and re-open new positions to the basket. Always know your average entry price of the open basket and the distance to the initial Stop Loss and the APB open.
next week can be crucial as it can go sideways and even reverse, so we must be alert and listen to the market events.
below is my trade closed chart details showing on M5 with the H4 period high-low shown. I check my chart every 4-hours except time I am away from my computer for longer periods.
we need to be caution with corporate results this month which will affect the indices.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
. I'm still confused that when comparing with main account, lotto model is another hedge account with high risk/leverage (1:500). But no problem, I still have many pdf and images from this thread to read and find out. Don't need to rush.
