stats for closed trades week ending 5/10:
pips = 400
total trades = 8
win = 5
loss = 3
win rate = 62%
r/r = 1:1
carry over trades = 2
pips = 400
total trades = 8
win = 5
loss = 3
win rate = 62%
r/r = 1:1
carry over trades = 2
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DislikedUsing the macd-dot as my only indicator for direction and price action on the daily for entries. I only trade in the direction of the indicator. I'll wait for a pullback if price is going against macd and enter when I see price moving in agreement. The entries are somewhat discretionary because I don't wait for the daily candle to close. Take profit and stops for now are 200 pips.Ignored
DislikedHi,
Could you please post a copy of your macd-dot indicator.
Thanks,Ignored