Re: Beatle's Trend Trading System

3551
- Sit in front of your screen and move you SL as price action moves ( not too close )
- keep your TP far far away to make sure you don't miss a nice pump ( still without leaving your screen...)
- check M30 and H4 next support and resistances
- check if their is any important news around
Spazmus wrote: Fri Feb 02, 2024 12:22 am How to correctly determine what level the price will reach? I don't know how yet. :cry:
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Spazmus
The key to freedom is courage.




Re: Beatle's Trend Trading System

3559
setila100 wrote: Sat Feb 03, 2024 1:12 am There was news incoming and I exited. Did i do a good thing? or i should've gone with the system and stayed? What is the procedure I should follow?
A good rule of thumb is to NOT trade the high-impact news unless you have inside information ;) Sometimes you'll get it right but most traders burn up during high-impact news.

I simply eliminate that stress from my trading and trade TUES, WED and ThURS, mainly swing trading now :)
BEATS V5 - "Enjoy The Quiet Between Trades”

Improve Your Trading Psychology - NO FEAR, NO DOUBT

Ultimate Risk Management - Maximize Your Trades

Re: Beatle's Trend Trading System

3560
Lenovo wrote: Sat Feb 03, 2024 1:22 am after having burned another account I want to try again with this system, so the rules if the 4 hour is sell I look for sell positions on the 30 or 15 understand correctly?
Did you blow the account using BEATS V5 or another trading system and strategy? H4 into M30 and/or M15 works. Trade in line with the higher timeframe bias.
BEATS V5 - "Enjoy The Quiet Between Trades”

Improve Your Trading Psychology - NO FEAR, NO DOUBT

Ultimate Risk Management - Maximize Your Trades