Okay I'm over trading the EJ and UJ now!
TBH I'm still naffing around with my method. Last week Thursday went well on the EU and did something similar today....
EU method:
EJ Trades: Ghastly mess. However one observation on trade 5 might be useful: if price has O/C ( in this case) under a S level, it might be weakened and worth a pass.
TBH I'm still naffing around with my method. Last week Thursday went well on the EU and did something similar today....
EU method:
- Trading with Price to 20EMA,
- Price blw 20ema = short, price abv 20ema = Long.
- Waited for PBs/RLs to 20EMA which coincided with S/R
- Used HSL/LSH as entry, SL low/high trigger, PT next S/R level (this needs to be stretched in all likihood). Also need to start trail the stop: track higher lows if long and lower highs if short.
- one observation on EJ trade 5 might be useful: if price has O/C ( in this case) under a S level, it might be weakened and worth a pass.
EU Trades: need to let profits run!
EJ Trades: Ghastly mess. However one observation on trade 5 might be useful: if price has O/C ( in this case) under a S level, it might be weakened and worth a pass.
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