Quote:
Originally Posted by bill77
what i do is after i enter a trade on daily, go down to 4h chart and enter the opisite direction if i get a call. this should cover your daily trade while its going against you. (hedge) also i enter 1 lot at open of new candle after a signal as per rule incase it takes off, and the second lot at retrace to 8ema.where you get a better entry price.
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i little bit disagree the way this trade to be taken .. we just follow the trend rather than eat every single pips ..
if we play Daily, just follow daily, if we play 4H, then follow 4H strategy ... mixing the TF we play will make our trade go wrong ..
just to apply Anti-Hedging strategy (AH)
What say u?