DislikedIf there is anyone who is trading a set and forget approach (due to time constraints, job etc) I would like to chat with you.
Please PM me.
Thanks.
LouIgnored
Why not just discuss here? Even Bo mentioned that intraday trading is very taxing so I don't think he will mind.
I am going to start looking over more weekly & daily charts and Bo has indicated he will post some info in this matter over the weekend - I am looking forward to it.
Do you have some specific ideas? My entries are very conservative currently on the 1H and going through some daily charts I would need to be more aggressive.
Here is what I am thinking so far:
1. Identify weekly trend
2. Fib the last weekly trend swing
3. Enter trades on pullback bounces in conjunction with a price action pattern around the weekly swing fib levels.
4. Simple plan to take profit of half position and trail remaining anticipating resuming of previous trend.
I need more chart time to get used to the movements.