15/02/2015 General Strategy Update

As the entry will be done with lower time frame momentum, the exit and stop also be controlled by the momentum.

In ay case first level entry can be done right on the active moving average ,say week ma50 with a stop 1 percent. If it does not work.Does not matter , there are many other setups.

Never be sorry to miss a trade becuase market raised a false flag and make me stop.

If the trade goes in my favor,

The  possible 2-3 % immediate profit is taken.And only when the day MACD gives the momentum signal the trade is entered.

The first target is the counter bollinger band of the lower..In this case day.
And also trade is kept till one lower time frame in this case 5h MACD momentum changes.

So in a Week trend we use Day MACD for entery and 5h MACD for exit. Potential Target will be Day Counter Bollinger Band.
In a Day trend we use 5h MACD for entry 60 min MACD for exit. Potential Target will be 5h Counter Bollinger Band.
In a 5h trend we use 60 min MACD for entry. 30 min MACD for exit. Potential Target will be 60 min Counter Bollinger Band.

Always wait for the lower time frame MACD to turn in the direction of trade.

STOP:
 should be very close and never regret being stopped with a marginal loss.When the lower time frame momentum turns negative get out.Wait till it turns positive again.

TRADE EXİT:
 will be set at 60 min Counter Bollinger Band,  5h Counter Bollinger Band and Day Counter Bollinger Band with respective lower time frame MACDs waited to turn against for the Week Trend.

ie. 60 min counter bollinger band exit only when 30 min Macd turns negative.

Trade exit will be set at 30 min Counter Bollinger Band,  60min Counter Bollinger Band and 5h Counter Bollinger Band with respective lower time frame MACDs waited to turn against for the Day trend.

Trade exit will be set at 15 min Counter Bollinger Band,  60min Counter Bollinger Band and 60min Counter Bollinger Band with respective lower time frame MACDs waited to turn against for the 5h Hour Trend.