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6:38 AM

Trade the Trend

Posted by gul

This is going to be short and simple. The best system is the simplest. Take any of your best indicators, apply them to daily chart. Look for the trend.

Take the same indicators apply them to hourly chart. Based on the daily trend look for entry.

If the daily chart is saying uptrend, use your hourly chart to find long position only. If the daily chart is saying downtrend, use your hourly chart to find short position only.

If the daily chart is saying uptrend and u have a short signal from your hourly chart, you can close your position and take another position when the hourly chart is giving the same signal as the daily chart and vice versa.

5 comments:

rain said...

good trend collection keep ti up

rain said...

Forex is good online trading busi...

rain said...

weel collection

rain said...

good article

rain said...

post moer detail

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