2024年10月12日星期六

Improvement idea

    This time, I opened the trade after the bar confirmed after the market close at 10:00 pm of 20241009, rather than 5 to 10 mins before trade hour close. Literally, I opened the trade after 11:00 pm of 20241009. I chose to open the trade when the daily bar complete entirely on the chart.

    However, I found that it may be better to open the trade until next day trading hour. As the market tends to run into opposite direction to the trade bias. It also provides 10 to 20 points margin to enter the trade. You can see the RED daily bar after the tradable signal bar in the chart below.

Fig 1: Trade open at 20241009.

After the last loser trade, the trend line for triggering new trade becomes an little upwards trend rather than downwards. I tend to trade with flat or little tilted trendline, instead of steep one.

          Fig 2: HA chart shows ligitimate breakout and OHLC depicts a wonderful upwards pattern.

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