DislikedMinimum R:R is 1:2 Position sizing per trade 5 percent Result after 140 plus trades is break even Directional Bias W1 and Mo Trigger candle H4/D1 Conditions: W1 bias Up =========== - Buy from H4 when H4 is in TDI 40 to 68 - Only buy when pair correlation is favourable e.g. GBPLFX up and NZDLFX down, this mean we should long on GND Please open the attached images {quote} {image} {image}Ignored
Take it if you want to or not. It is all up to you.
- Monthly-Positional Trading?
- H4-D1: Are swing trading or day trading?
- H4 and H1- quick trades and quick profits?
If you require quick profits, you got to look for the ideal setup and identify it, i will use your heiken ashi and keep things simple.
One thing you might want to do is take mental notes, we will start from monthly as you have it and go down to your weekly and daily.
I want to keep things relevant.
Nb. This method has less trade opportunities the higher the timeframe for entry but expect to stay in them for a while.
R:R "Percentage Focus"