are you using meta trader for the charts???I saw a similar cahrt adn got anxious I shorted usd/nok but it has gone against me big time on a retracement and i'm holdign the trade , I took too big a position now the question is do you think it will go back down and around when or should i jsut cut my losses, which led to like 50 % drawdown
So your entire system consists of trading with the trend? This section is for "trading systems" and usually "trade with the trend" is not a system. A system has entry methods, stop losses, take profits, etc.