Crudeoil Intradday Trades based on GANN Square 9 Strategy

A

ashu1234

Well-Known Member
#471
#471
umeshmandal said:
At circled places price did move and even closed below Black MA. How do you handle those! Does this not indicate 2 shorts in entire Long day?


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I go with larger trend, that's the edge of going with the trend. Close below MA is not the criteria for exiting the trade, its the perfect opportunity to trade or add to position. It all depends on the bias. In uptrending market I wait for PA near larger MA.

And I forget to add, even if i'm entering at larger MA, my sl is 20-30 cents, so all those candles never breached stop loss. yes there will be moments where a sl will be breached, but if your bias is strong, moving average trend is clear then chances of getting stopped out will be less.
 
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