I will be posting some trend following calls/tips here for my own account.
Strategy:
1. A trend will be given.
2. A price level will be given, if price goes below/above this level then do not enter any trades until i update the information.
(If you choose to stay in a trade even if it starts going against you by the time the next TREND reversal occurs you will be in profit, you can try it on demo and see the results).
3. Trades will run the cause of the trend which will last maybe 1hr 2hrs or more.
How to trade what i post: I trend-follow/scalp only in direction of the trend.
Best way, choose your favourate moving average and use it as a guide with the trend.
Strategy:
1. A trend will be given.
2. A price level will be given, if price goes below/above this level then do not enter any trades until i update the information.
(If you choose to stay in a trade even if it starts going against you by the time the next TREND reversal occurs you will be in profit, you can try it on demo and see the results).
3. Trades will run the cause of the trend which will last maybe 1hr 2hrs or more.
How to trade what i post: I trend-follow/scalp only in direction of the trend.
Best way, choose your favourate moving average and use it as a guide with the trend.