Dislikedjust thought i would throw a chart together with bits on it and see what people thought. what im trying to do is exactly the same method as clive but instead of on the 1min timeframe maybe use a higher one to catch the bigger longer moves and reduce drawdown. i have more then i should on here so wanna reduce with thegroups help to what i really dont need how can we identify a bigger longer move rather then enter the 1min and keep getting stopped out for breakeven trades? basically enter on 1min and let it run,,,,would we better identifying a trade...Ignored
Jason (Devontrader) my old fruit, I'm not sure you're quite grasping what this thread is all about???
I'm not going to go on too much but suffice to say I think you need to read this thread a bit more...
I've covered nearly every point you're questioning in your last few posts including trading higher timeframes with my strategy...This strategy can be traded on any timeframe, I've done loads of posts on this, check the thread..
As for using different indicators I think you missed the point of my last post, if you've got a strong trend then all indicators work fine, just choose the one you like...
This is a swing trading strategy. What Jason do you think the CCI does??? Its follows the swings/waves as good as any indicator I know its what it was designed to do, identify the waves/swings...
Jason , I'm gonna give this strategy to you as simply as I can and it works on all timeframes exactly as it is....
- Identify a strong trend from the slope of the 100LWMA. (TTindy)A to B leg.
- Wait for a pullback (CCI) to a key level B to C move.
- Enter on pullback (C) get to BE quickly.
- Exit when price falters (D).
Thats it mate simple as ABCD........
Feel the Fear and do it anyway!!!