DislikedYesterday, I should stay away from the market... not much happenning on my trade (G/CHF), & very bad that I fall asleep with my trade still floating (on red -50), then the market ended....
Hope the day start on my favour (the worst case scenario, I will lose 50pips).
& I hope nobody followed my entry yesterday...Ignored
Does anyone have good idea?
---------------------After some back testing-----------------------
When COG is heading the same way (up for long/down for short), the chance of winning is better than other set ups (opposite direction and Flat).
Setting stop at the top/bottom of wave would be good one. (I'll only risk 3% of my capital, so lot size will vary)
I'm still working on Exit strategy. I'm using RSI (10) etc.
In the long run. I believe we'll be profitable. I'll forward test with my live account in the next week.
It won't be many chances to trade compared to the original method.
Give me suggestions.
Freedom of Time, Location and Money