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Every time I think I've identified a trend & I set my targets it does a 180
Feb 18, 2020 at 03:01
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15 Replies
Členem od Feb 18, 2020
1 příspěvků
Feb 18, 2020 at 03:01
I'm not sure what I'm doing wrong but it seems every time I set my curve, identify my trend or change in trend and add my entries, stops and targets the trend seems to immediately do a 180...
I've tried identifying 'W's 'M's double tops double bottoms in addition to flags, triangles, etc.
Anyone have any suggestions what I can refer to help with this?
I've tried identifying 'W's 'M's double tops double bottoms in addition to flags, triangles, etc.
Anyone have any suggestions what I can refer to help with this?
Členem od Feb 11, 2020
1 příspěvků
Feb 18, 2020 at 04:51
Hi RBC - In my opinion Indicators are part of a learning curve for traders. Indicators may show different visions on different Time frames. I use them as a general guidance - When a trade decides to go the opposite way - you need to have a secondary strategy - Hedging is part of the tools i use (this depends on what jurisdiction/country your trading from)
Členem od Feb 22, 2011
4573 příspěvků
Feb 18, 2020 at 14:52
RachelBC posted:
I'm not sure what I'm doing wrong but it seems every time I set my curve, identify my trend or change in trend and add my entries, stops and targets the trend seems to immediately do a 180...
I've tried identifying 'W's 'M's double tops double bottoms in addition to flags, triangles, etc.
Anyone have any suggestions what I can refer to help with this?
That is actually good thing.
Just do everyting as always and revert trade direction.
Členem od Feb 08, 2019
200 příspěvků
Feb 27, 2020 at 21:27
Yep, if it does a 180 more often than not then you have a winning strategy 😁
forex_trader_1153031
Členem od Feb 28, 2020
78 příspěvků
Feb 29, 2020 at 07:34
(Upravené Feb 29, 2020 at 07:35)
RachelBC posted:
I'm not sure what I'm doing wrong but it seems every time I set my curve, identify my trend or change in trend and add my entries, stops and targets the trend seems to immediately do a 180...
I've tried identifying 'W's 'M's double tops double bottoms in addition to flags, triangles, etc.
Anyone have any suggestions what I can refer to help with this?
There must be something you are not doing right then, I take time to identify trends, and this is my best way of being profitable, Trend is mainly the key to successful trading.
Členem od Jan 29, 2020
22 příspěvků
Apr 18, 2020 at 15:07
I do like humor of other posters but I also like my own entirely and I do understand that everything should go time in time with that matter absolutely. So let's move out with ease on all that topics. How else we could do it? Describe it with some screens.
Členem od Feb 12, 2020
20 příspěvků
May 26, 2020 at 18:04
Yeah, unfortunately, that happens sometimes, too. You seem to be doing everything right, but still something goes wrong and you lose a seemingly successful deal. You have to be prepared for that at all times. Yeah, it's unpleasant enough and even a little depressing, but it's trading. You have to always be alert and literally ahead of events. It sounds a little pompous, but you can handle it. Think of it as part of your learning. Mistakes are lessons too, you can learn from them.
Členem od Jan 06, 2020
69 příspěvků
May 26, 2020 at 18:41
RachelBC posted:
I'm not sure what I'm doing wrong but it seems every time I set my curve, identify my trend or change in trend and add my entries, stops and targets the trend seems to immediately do a 180...
I've tried identifying 'W's 'M's double tops double bottoms in addition to flags, triangles, etc.
Anyone have any suggestions what I can refer to help with this?
Just learn how to identify trends using Weekly, Daily, 4Hours,1Hour and 15 Minutes Candles, then you will not be wrong on trend. Also get pivot point plotters to use I dentify Resistance, Pivots and Support Lines, then you are good.
Market Direction
Členem od Oct 05, 2018
1 příspěvků
May 26, 2020 at 22:11
Currency strength is key (for short term trades)!! Trade the direction of the strong currency in areas of value and always wait for confirmation candles before pressing that Sell/Buy button. But there's no guarantees in the market
Členem od May 13, 2020
119 příspěvků
Jun 03, 2020 at 06:19
It happens, of course, that it’s so good that they shared and told.
Členem od Mar 27, 2018
12 příspěvků
Jun 03, 2020 at 10:41
Look at the trades that worked and compare them with the ones that did a 180. If you find a difference then add that difference to your trading strategy so that you get more winners
Členem od Dec 12, 2019
18 příspěvků
Jun 03, 2020 at 16:16
I don't know exactly what the problem with your trading is, but I think you could use a little improvement in your strategy. Usually this shouldn't happen, which means that you miscalculated somewhere in your strategy. Try to recreate it on your demo account and analyze all the mistakes in more detail. Maybe something will work out of it, it is worth trying.
Členem od Apr 04, 2020
48 příspěvků
Jun 15, 2020 at 05:06
You definitely need to analyze your actions.
Členem od May 08, 2020
1 příspěvků
Jun 15, 2020 at 07:03
What is 'Every time'? Is that across a month, a week, or a day? Everyone loses trades. The average result for 1906 different hedgefunds is a loss to date of over 4%.... So don't feel too beat up. The market is against you, you just have more learning to do.
https://portal.barclayhedge.com/cgi-bin/indices/displayHfIndex.cgi?indexCat=Barclay-Hedge-Fund-Indices&indexName=Barclay-Hedge-Fund-Index
https://portal.barclayhedge.com/cgi-bin/indices/displayHfIndex.cgi?indexCat=Barclay-Hedge-Fund-Indices&indexName=Barclay-Hedge-Fund-Index
Členem od Jun 17, 2020
29 příspěvků
Jun 18, 2020 at 12:54
In my opinion, you should evaluate your strategy properly and see where the problem is. Once you identify the problem, improve it and test it. Analyzing everything from scratch will help you to find a solution. Try and understand trading strategies in more detail.
Členem od Jul 23, 2020
816 příspěvků
Aug 05, 2021 at 13:37
Is it fixed TP?
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