es/pip wrote:MightyOne wrote:
loli was just about to post this same chart
this is one situation below that i am not sure of
when you get the magneta line off the 0,1 bars and it holds( i took a long--got out for a little profit) and then the next bar BO from it creating the next set of lines what would you do if you were still long from the magneta line----once that bar closes and is broken by the next bar doesn't that magneta line become invalid----after the next BO
i also had a nice short from the top line
The 4HR the day and the week are bearish.
Your first goal after a new line is securing a profit to expand your SL even if that means grabbing 7 or 20 pips.
Remember to flash through time frames real quick and see where you are in the over all picture.
Trading the Dynamic Trend is about endurance not who can be more twitchy in their trading.