Disliked{quote} Thanks, Fream, I’m doing well and inching closer to my goals. As I’ve mentioned earlier, I mainly focus on trading the H4 and higher timeframes. I’m still quite new to Forex myself and learning every day, so I’ll just share how I personally see it. In the DE40 chart, if you plan to trade on H1, then your higher timeframe reference would be H4 (roughly 4–6 times the current timeframe). The H4 background already reflects the higher timeframe (D1) trend, which in your case is clearly down. The beauty of the Golden Cross Method is that each...Ignored
DE40
the market has been sideways range bound for many weeks.
the Daily was obvious not trending and in the Weekly range bound market conditions.
@SwingMan' Golden Cross Trading Idea is one of many trend following trading methodology. It will work well when the market conditions are trending - Weekly , Daily and the H4.
When we trade the following the Weekly and Daily trends, this is when we can maximize profits with multple Rs profits and risking only one R risk.
DE40
You will see below how this performed well in trending Weekly and Daily .. with just a Risk to Reward of 1 to 3.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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