DislikedBefore you can even figure out your entries and exits, you need to find your "style", what sort of trader are you? Once you answer that question can you find a way to identify your entries and exits. I am a simple trendtrader, with the occasional countertrend if a solid TL is broken and there is a good enough reason to follow the counter. I do take less pips out of the CT then I do out of the trend following trades. I just find the trend on a time frame and trade the entries on a lower one. [b]Today the hourly is up, so my entries come from the...Ignored
Until now, i did not have a solid "style".
I go for 30-40 pips per day.
When i see strong pa i jump on board
and try to grab a few pips out of the flowing river.
Is it in the direction of trend i feel confident,
is it against trend i´m cautious and always ready to close out early
and take small profit/small loss.
Your advice to figure out the trend from higher tf
to the lower (H4 > H1 > M5/M15) i will study.
Thank´s