DislikedGood morning ! Wow, what an active thread. Sai Ram, I have only one question at the moment: - The H4 trend is pointing down - The TMA trend is pointing up Which trend is valid ? H4 or TMA ? Best, verifiedIgnored
The trend H4 is established in HTF for day to day trading. While the TMA trend is the momentum trend that borns in the LTF or in the current TF. So the TMA trend is short lived.
What we can do is wait until the trend H4 and the TMA trend to agree or you can trade the counter trend. If the counter trend has a long breath then you will grap more pips otherwise loss is assured.
I always go with the big trend I don't bother the counter trend because many loss in the past are my lessons.
Sai Ram
Being a fxtrader is not easy. Ones must working hard.