Thread: ASCTrend system
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Old 06-08-2006, 02:34 PM
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Of course SL should be much more than 16.

Because it is not CatFx50 system where you need just to catch the entry immediate before big movement.

In this ASCTrend you may open the order irrespective of this movement and news.

Why 15 timeframe? because on M15 timeframe you mayb see the price movement more clear and you may do re-enter many times.

The problem with this system is the following: if the market is reversed (from downtrend to uptrend generally - on M15, H1 and H4 for example - let's say finally) so we are getting stop loss.
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