Many trader's have asked that question when they are trying to figure out which route to trading to take Trend , Counter trend, range channel trading.... Well i have traded all the above styles over the year and what suits you in the end is completely upto you but what i have noticed while working with new trader's is that trend trading is easy to adapt to your style as rules are flexible compared to range or counter trend trading in which you need to follow your rule set or else trend will kill you.. But in trend trading you are with the trend so specially if you are starting out and you haven't mastered the art of timing your trades in those cases being with the trend will save you 8 out of 10 times specially if you enter at the start of the trend ... trend trading gives you added confident because you know that higher time frame is trending so you are going with the flow of the market's .. Trading in the end of the day is all on the feel good factor so if you are starting out or still finding hard to make your daily bread and butter give it a shot it might be the missing factor in your trading as you can see from above setups its simple to follow you can add your variations it is not rocket science ... it will keep your trading simple and trust me on this in trading simple is just pure gold .... !!!! have a nice weekend this post is just some stuff to think about if you haven't started thinking about trend trading.. Thanks for reading
The following 8 users say Thank You to jinhar for this post:
I have another question. Do you feel there is an advantage to looking at two different time frame (TF) charts as opposed to using just the lower TF and multiplying a second MA to display the upper TF trend?
The following user says Thank You to Slack for this post:
There is a huge difference by having a larger chart you will get to know support resistance on that chart whats the overall trend whats the Price action like on the support or resistance .. Longer term area what all .. you cant get all that on just smaller chart .. and also D setup will be hard to spot without the larger chart as it requires close of larger price bar abv the ma smaller one can close below .. And having a chart with just a ma aint gonna harm you its better trust me ..it will take time to adjust but it will help you a lot in long run...
The following 2 users say Thank You to jinhar for this post:
The CloseLine.cs seems to contain plots for both dots and lines with dots correctly plotting in up/down colors, whilst the line just plots only in yellow color (see my attached screenshot). I suppose you mean the CloseLine should plot ONLY the line in up/down color, whilst the CloseDot should plot ONLY the dots in up/down color. Could you have a look at the posted .cs files again ?
The following user says Thank You to lolu for this post:
Here is the trade i took for 25 ticks .. I had to wait for the pa to get back in sync with the trend and then a pull back to the ma to get the A setup Dint get any pullback back to the low's for the D anyways i will take an A setup any day .. So here is the trade ... Hope you all are doing great .. Thanks for reading. Will post a potential setup from us session later on once we are done .. till then m gonna enjoy .. hehhee
The following 3 users say Thank You to jinhar for this post: