Munir Karkanawi (By Mark)
| Gain : | -70.82% |
| Drawdown | 82.26% |
| Pips: | -6380.7 |
| Trades | 943 |
| Won: |
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| Lost: |
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| Type: | Real |
| Leverage: | 1:100 |
| Trading: | Manual |
Munir Karkanawi Discussion
Apr 15, 2021 at 19:30
328 Views
7 Replies
Jun 12, 2021 at 19:35
So my strategy is simply reversal based . I watch the ebb and flow points on the entry chart and a couple bigger charts to ensure there is no significant resistance . I olso NEVER trade against the crossing direction of the 21- 8 ema on the entry chart and also avoid getting in if a bigger chart 21EMA is just in front of my entry ( regardless of the crossing direction ). the attached photo will explain better.
Attachments:
Let them decide then get along.
Member Since Sep 20, 2021
8 posts
Sep 20, 2021 at 15:26
So your strategy is simply reversal based?
Oct 07, 2021 at 18:17
yes as simple as that . it never felt right for me to trade trends...you just never know when the forces and big traders behind it will abandon it and change there mind . reversals when confirmed are the perfect sweet spot to get in the market. another thing is the risk reword ratio is a myth . I mean when you always only wait for that huge move that will give you the 1:3 or 1:4 RR ratio , you will miss out big time . be reasonable , be confidant and let your outs be guided by the market in real time not some arbitary stop loss level. check my 2021 stats to get a feel of it . I mean its not perfect but a strategy should always feel reasonable and simple for one to be able to execute day after day
Let them decide then get along.
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