OK, so now we know to “favour” the shorts and avoid the buys, what would than mean on our 3 losses and 1 Profit for a +1R total form the Standard Traders Blog ?
As you can see, instantly, the 3 losing “buys” would have been avoided, as they were “against” the 15min down trend. Not only that, but we would have looked to “run” the TS3 short further (as it was in the direction of the larger degree trend), using the ATRStop.
This would have had the results of turning a +1R day for the Standard Traders, into a +7R day (ignoring slippage and commission), once the Advanced Trader brought the larger degree trend, on the 15min Chart into the mix........... Amazing !
Thanks, Steve
As you can see, instantly, the 3 losing “buys” would have been avoided, as they were “against” the 15min down trend. Not only that, but we would have looked to “run” the TS3 short further (as it was in the direction of the larger degree trend), using the ATRStop.
This would have had the results of turning a +1R day for the Standard Traders, into a +7R day (ignoring slippage and commission), once the Advanced Trader brought the larger degree trend, on the 15min Chart into the mix........... Amazing !
Thanks, Steve
