dear gurmy/aman/ayush/hills
in real end of day trading,we will consider just( end of day bar.)
technically ,we are permitted to take the help of lower time frames.but still we don't take.
suppose you have gone long in gold,with the help of four hour time frame.
once after entry with four hour ,you are eod time frame trader.
so your exit will be from,eod time frame trailing stop loss .but now for few (four hour bar )gold is on long side.
after that it again shift to short side.
but as eod trader ,you can not close your long from four hour trailing stop loss.
you will wait ,till your eod stop loss trigger.
once it will trigger ,you will suffer loss
long entry from four hour prove to be whispa.
so in real end of day trading,just eod bar should be used for taking entry also.
.
in real end of day trading,we will consider just( end of day bar.)
technically ,we are permitted to take the help of lower time frames.but still we don't take.
suppose you have gone long in gold,with the help of four hour time frame.
once after entry with four hour ,you are eod time frame trader.
so your exit will be from,eod time frame trailing stop loss .but now for few (four hour bar )gold is on long side.
after that it again shift to short side.
but as eod trader ,you can not close your long from four hour trailing stop loss.
you will wait ,till your eod stop loss trigger.
once it will trigger ,you will suffer loss
long entry from four hour prove to be whispa.
so in real end of day trading,just eod bar should be used for taking entry also.
.
