Hi, lovejoy80
please refer to below charts of your trades. for the first short entries of the two charts at least, I didn't see a LH and LL as a sign showing a downtrend has been established on the H4 TF. could you please provide more details of your thinking process for these trades? thank you as always.
jeurre
please refer to below charts of your trades. for the first short entries of the two charts at least, I didn't see a LH and LL as a sign showing a downtrend has been established on the H4 TF. could you please provide more details of your thinking process for these trades? thank you as always.
jeurre
DislikedThere is no particular reason for my trades being CT...it's just going with the current 'trend' on that timeline...the break of HH and HL's indicated a trend change (talkng about a short entry) and then it's a case of playing each break of a HL until there is an obvious trend reversal point again...pickingthe start of the 'trend' is the hardest part...after that adding in further positions is straightforward and each time moving you SL's up etc...
Of course the market doesn't always trend...in fact it has been trending rather well lately.Ignored
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