DislikedHi Soondoock
Great Trade
I am learning this method .
I have a question :
When price was at "a" ...the SL was not supposed to be at "b" level , not the current , but the previous horizontal TM line ?
Sometimes I feel we need to give PA some more space to develop...but we have rules ...
so I don't know what is the right option...
If the current horizontal line is level "0" , so instead of placing SL at "-1" level (previous horizontal line) , may be we should consider to place SL at "-2" , if the distance between "-1" to "-2"...Ignored
I agree with you, If I would you sliding SL according to TM flat lines I would be stoped out. But the other way to manage your trades is to use TM color change. Also PA was not huge, so at that point (b) I did not moves my SL, it was 16 pips, so I just waited till the profit was equal to my sl and began to move it.
The main thing in trading, I think, is to stop "copy" someone, trade your own way. System has basic rules and they are a good triggers for your trades. The rest is experience, not some ones but yours.
I am also waiting for Paulus comments and his Daily trade on EU.
Think Positive!
The Road appears under the steps of walking men...