Hello,
In this video series i will be walking you through my new approach on how i am currently trading the markets.
Step 2 - Develop the Mega Trend
Once you have entered your position and set your stop loss, you will then want to align the Trend Meters with your current lifeline candle. Ultimately we want to see the next day candle break below the previous day of support and start to create space from our position. We align the 7,14 and 21 Trend Meters to confirm the development for a Mega Trend winning position. Let it run and work for you!
We will exit and rotate the position once we have a confirmation from the Trend Meters.
Follow up videos will come in the future to show you how this has performed for the year.
Simplicity is key. Tight stops are key. Mega Trend is WINNING.
Take care.