I keep worring about wich one is the best trend line to use, is it the one that pass through the shadows or the one that pass through the most number of points?
they say that, more touchs make it stronger, but maybe this is not good for my strategy.
The strategy tell me that I have to buy when it touchs the trend line, but I will buy when it touchs the second one and M1 indicates reversion.
If price closes after it, I sell.
non native in english.
they say that, more touchs make it stronger, but maybe this is not good for my strategy.
The strategy tell me that I have to buy when it touchs the trend line, but I will buy when it touchs the second one and M1 indicates reversion.
If price closes after it, I sell.
non native in english.
Trade active:
when it made the Candle pattern - doji , I bought
Comment:
Doji in M1, with 50 points I sold a few for some relief
Comment:
M1 stoped in 61,8% of Fibo and now it's going in the direction I want.
it made a doji and a hammer.
it made a doji and a hammer.
Comment:
14min left for H1 to close, it is the time I wil wait for the price to go for the up side of the trend line. otherwise I have to close the trade.
Trade closed manually