membank wrote: ↑
Mon Nov 30, 2020 9:59 am
i looked at your trade today for me it was sitting below 200 ema so a long was not happening till it broke that level and closed above which it did not so no trade for me and your second trade was the same i took a short trade was a bit late on my entry so only got 11 pips i trade off the 15 min chart where i think you are trading off the 1 min chart which does not give good signals you seem to be having a bad few weeks hope you sort it out and make some pips or maybe you might think about trading off a higher time frame
As described in the user guide we start with higher time frames and work our way down to lower time frames for entry points.
We focus on time proven setups where we know that when we enter a specific trade 500 times we make money. We do not change time frames, trading rules or start using additional indicators because of a few negative and break even trades. An exponential moving average with a period of 200 is used by many traders but the truth is that it does not provide any quantifiable edge.
Periods where you make a bit less than average, more than average etc... are perfectly normal and part of trading.
I hope this helps.