FB, It seems to me the safe moves if you are trading the 2 range would be to first trade with the bias and then wait for two conseq. bars the same color for entry. So if shorts are in then look for two red bars after a blue and enter, the first blue bar exit. What are your thoughts...
It’s always important to analysis well since that’s how we can tackle any situation while good money management is also equally important; it’s never possible for anyone to be 100%, so this is why we need to have cover to handle these things. I always use strict money management and that really helps me with working, but another thing that really puts me into benefit zone is OctaFX broker’s massive rebate program that gets me 50% back on all trades.
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Again a mediocre treatment of a strong trend, many pips left on table while waiting for safe setups.
FB, It seems to me the safe moves if you are trading the 2 range would be to first trade with the bias and then wait for two conseq. bars the same color for entry. So if shorts are in then look for two red bars after a blue and enter, the first blue bar exit. What are your thoughts...
ReplyDeletein a way, yes. That's what i did myself on the chart!
ReplyDeleteIt’s always important to analysis well since that’s how we can tackle any situation while good money management is also equally important; it’s never possible for anyone to be 100%, so this is why we need to have cover to handle these things. I always use strict money management and that really helps me with working, but another thing that really puts me into benefit zone is OctaFX broker’s massive rebate program that gets me 50% back on all trades.
ReplyDelete