Hi JK$$$
very good work, but as a recap, would I be correct if I say the following is your daily trading routine:
1 You check the trend direction on the daily chart
2 You switch to 15min or 1Hr chart and draw the trend lines
3 You wait for a triangle pattern to be formed (trade set up)
4 You take the trade at the break of the trend line either up or down as long as it goes with the major trend on the daily
5 Your SL and TP are determined by the immediate High and Low closest to the entry point
pls if I am not correct in this summary say so and correct me by itemizing the step by step of your typical trading day activities on the chart.
I am very interested in this system, after I have used numerous indicators to no help
thanks very much
kos
very good work, but as a recap, would I be correct if I say the following is your daily trading routine:
1 You check the trend direction on the daily chart
2 You switch to 15min or 1Hr chart and draw the trend lines
3 You wait for a triangle pattern to be formed (trade set up)
4 You take the trade at the break of the trend line either up or down as long as it goes with the major trend on the daily
5 Your SL and TP are determined by the immediate High and Low closest to the entry point
pls if I am not correct in this summary say so and correct me by itemizing the step by step of your typical trading day activities on the chart.
I am very interested in this system, after I have used numerous indicators to no help
thanks very much
kos
John 3:16 - From THIS love no power on earth can me sever.