Thursday 19 September 2013

190913 Longterm Trade update



PL: +2% / £50.66  CAP: £2419.29

LT Trade: Buy when price closes above 21EMA (+2%)

Summary: In all honesty I'm on holiday and have just been checking in once a day for a couple of minutes (if that). Don't know the specifics of this trade I just took the trade signal entry and the FOMC did all the work, guess I could have been caught the other way ( but that's what my trailing stop is for). But I'll take any win.
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2 comments:

  1. Anonymous21 September 2013 at 13:28

    What timeframes do you look at exactly? out of curiousity. Do you use the same timeframe for entry as you do for trade management, stoploss, takeprofit, etc.?

    You can answer when you're back from vacation hehhe.

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  2. BuyDSellS1 October 2013 at 19:38

    Hi Scratch, I look at the D1 , H1 and M5. Yes if I enter on a certain TF I will use it's price action for my exits too. However I do factor in higher TF S&R to my TP orders.

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