FourXXXX wrote: Tue Dec 20, 2022 8:37 am
Absolutely I do this, it is all using Semaphores to determine the trend direction and entering on the cross of the trend line. I have made a number of posts here, go to page 1 and read, understanding the Semafors is key to making the system work.
Hello Mister FourXXXX, I was asking myself about the same thing before Giant is telling you. I was asking me about how to manage this kind of strategie.
Need a strong trend so are you watching the TMA slope to evaluate the strenght of it?
Do you watch for a special set up on M1 to reenter in M5 on this set up?
I imagine that you are watching the ADR level and the MMaths and the nearest supports or resistance to thing about end of moove or not
How do you place the SL (just below the green point in upmoove ? or below the trend line that 'd signify inversion of the moove)?
Or are you just systematic and the RiskReward pays the loosing trades?
Have you some preetablished rules about that.?
Thanks for all that you share for us.