i think you got the trend line wrong. what you did is put the trend line on top of the candle sticks. when the market is in a up trend, you need to put the trend line on the bottom of the candle sticks. the market is in a up trend so that if the market breaks to the down side it will then bypass the trend line and then know ing that the trend is finished you make a sell order. but hey every one has there way of trading.
Good stuff Des!
lenebarnes 7 months ago
i think you got the trend line wrong. what you did is put the trend line on top of the candle sticks. when the market is in a up trend, you need to put the trend line on the bottom of the candle sticks. the market is in a up trend so that if the market breaks to the down side it will then bypass the trend line and then know ing that the trend is finished you make a sell order. but hey every one has there way of trading.
detoxx3215 1 year ago
good info thanks for sharing!!
gutrp 1 year ago
are you setting the stop loss or are you just doing a mental stop loss?
manofwhat 3 years ago
I use stop-losses instead of mental stops.
ds3v3n 3 years ago
good advice, thanks
vi3trush 3 years ago