Disliked{quote} Hi Kevin, This trade plan is based on D1 chart. We do not manage on H4. Look at Weekly which my trade plan was based on. The SL is below last 2 weeks low. I open my first trade on Monday open but it did not move for 2 days until yesterday, I took +50pips and now have same 3 open trades like yours. Looking at the D1 price action for 4 days this week, it look like it will not move much. If we can breakeven all trades anytime or maybe cut all open trades and take the loss tomorrow would be my decision. In worst case, the market retrace into...Ignored
I'm trying this approach: Close positions on loses if the D1 candle have a new low/high against me comparing with previous D candle, OR when the HA change colours, but seems not effective, while the D1 is trending its mostly only wins, but when I must close the loses are way bigger than the wins...
on trading D1 TF, i'm mostly using 2x ATR(100) H4 as TP (and build position on retrace IF not against DOL) and SL = 1x ATR(100) D1
Thanks!