Well it has been the sideways action that helped erode my last account. In fact trying my few trades today was not very bright on my part. A sideways trend less market does not bode well with any momentum based strategy. I’ve attached a 21ema as a filter to attempt to stay out of the noise. Not sure how well this will work as I just added it. I see the 1h/4h 21ema are simply flat. This alone flags caution lights as one can easily get whipped in the butt. So we need this guy to make up its mind, thus exercising discipline is wise.
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