In your daily picture a few posts back it appears you have not moved the starting point of your trend line. Is there any reason for this? And at what point do you decide to start the trend line again? Or have I missed something?
Juicyt
"Even if you fall down face first, you still went forward."
Taking the chart again point A fto B ractal is where we have the 1st lower High Fractal and so it is marked
We let the trend line run on from point B using it as a trend line to trade from which happened st the arrow for a short
As soon as the Fractal appeared at the arrow we adjust out trend line now from point A to C
We again extend the trend line as use this as reactive trend line and place a trade at the next arrow
we get another Fractal and adjust the TL to D and let it run on..as you can see no trades were triggered..we then get another Fractal and adjust again to E
no trade again untill another fractal we adjust to F almost get a trade at next fractal..and adjust again to G we get a trade 3 days after at the arrow
we always adjust when we get a fractal from the start point A
Thanks Paulus, that helped in understanding how you drew it. I must confess, I have not considered using one primary position as your starting point and adjusting only the end on every new position (In this case the fractals) I hope you keep trades coming as that idea is very interesting to me.
Regards, Juicyt
"Even if you fall down face first, you still went forward."
