DislikedThis may be elementary to some but I hope it will be a good training exercise for others.
Who would be willing to offer the potential [size=2]trades possibilities based on the 4H 5EMA [i][font=Verdana][color=#0000ff][size=3][b]method from the...Ignored
A was a setup bar to go long with stop loss for the short and long entry at its top.
B and C were two failed reversal bars therefore A becomes invalid as a setup bar.
On close of C we exit the short on 50% rule and remove the 2 orders sitting at the top of A, position is flat, wait for a new setup bar.
5 min to close for weekend break did not come into action.
D is the new setup bar to go short.
Short opens by E, stop loss at the top of D, reverse long placed at its top on close of the reversal bar as well.
Reversal bar E is also a setup bar to go long.
Daily
Position still short.
Regards