DO NOT PANIC
When A Trade Goes Wrong
*** STOP & CONSOLIDATE ***
Magic Set-Up
X-Periment -/- 2M Chart, taking 5M,10M & 15M Trades ...
AAA - Settings for 2M Chart
Forward Moving Average - Open - 5
Exponential Moving Average - Last - 5 Moving average - Simple - Last - 30 Pivot Points -------------------- SMI Ergodic Indicator - 2 / 20 Exponential Moving Average - 5 Moving Average - Simple - 15 SMI Ergodic Oscillator - 5 / 20 / 5 |
This set-up offers plenty of confirmation points to Enter and Exit Trades.
An additional confirmation to enter BUY or SELL Trades is to draw a straight line over previous Highs or Lows to determine future Trade Entry Points at the CrossOvers !!! |