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I have developed my own system based on trends and rangebound. I figured out that there are 3 types of trends in single time frame– first: longer term, second: medium term, third: near term. Whenever there’s an uptrend, I buy when others are selling on medium to long term trend and vice versa. I usually use multiple time frame analysis before taking a trade. I usually trade 1hr, 4hr, mostly on 1day time frame, sometimes weekly.
Mayur B.
Stop. Burn it down. That strategy is a dead end. It’s not trend following.
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