After complicate my trading life a lot , i decide to try to incorporate a simpler approach, thanks to the traders that have given me advices.
after read the jinhar trend system, and watching the charts a while, i am starting the journaling in bmt with the learning process in mind, thanks
I am setting up 2 charts, range bars with 5 and 15 ticks, with the sma of 55
i will start trying the BP, and 6E, in sim mode
i am in in spain GMT+1 or ET+6, i am refering to that time
may 8th
BPM13
when the PA cross the SMA in the HTF(higher time frame), and after a pull back in the LTF(lower...) I in 15:47+4@mkt [email protected],
the sl is @5517 2 tick below the 3rd bar back
with target +4,+8,+12 & 1 trail
filledthe 3 targets and the trail with 10tick and sped out at 5533 ,(10tick)
i got 34tick +187.50
it was the first pullback when was the stopped out , and now i can see that after that it reach upto5589,
62tick!