Followed my NNFX system to a T. 25 February the bull candle crossed my baseline and I took it.
I am now using COT and lower TF to make sure my system is in alignment. I like to see a good push in 1H and 4H TF towards the direction my system in indicating.
I only added the aforementioned wrinkle to my strategy this week and am seeing some very encouraging results.
For Some reason my Longs hit 70-80% while my Shorts are 30-40% lol. Anyone know why?
One thing I am looking at improving is trade management. I know we want to take what the market gives us but we also want to ride a long trend but
last night in the Asian and Sydney sessions my other trades hit their first TP and I thought about closing the position. I did not close the positions out, HOWEVER
one rule in the NNFX is that when the $EVZ is be 6, you take profit at 1 ATR or you manage that trade like you would a EURUSD trade.
Long term you can be very profitable winning 50% of the time with airtight Risk Management.
Ramble over.
I am now using COT and lower TF to make sure my system is in alignment. I like to see a good push in 1H and 4H TF towards the direction my system in indicating.
I only added the aforementioned wrinkle to my strategy this week and am seeing some very encouraging results.
For Some reason my Longs hit 70-80% while my Shorts are 30-40% lol. Anyone know why?
One thing I am looking at improving is trade management. I know we want to take what the market gives us but we also want to ride a long trend but
last night in the Asian and Sydney sessions my other trades hit their first TP and I thought about closing the position. I did not close the positions out, HOWEVER
one rule in the NNFX is that when the $EVZ is be 6, you take profit at 1 ATR or you manage that trade like you would a EURUSD trade.
Long term you can be very profitable winning 50% of the time with airtight Risk Management.
Ramble over.