Trading Style
Thursday, 10 June 2010 15:35
Written by admin
Student’s Question:
Would you mind telling us your trading pattern. Do you trade through daily charts only? stop? etc. Could you also explain the best way to enter a trade that is identified on a daily chart. Should 4 hr & 1hr chart indicators should be showing the momentum in the same direction or need not to bother. I often get confused as to what chart to use for entries and exits. Because sometimes some trades I feel comfortable entering in but when I move to 1 hr chart that shows indicators moving the price in the opposite direction. Can I just follow daily to indentify the trade for 1 to 5 days and make an entry using 4 hr chart and not bother about 1hr chart. What is your suggestion?
Thanks
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