Tips in Entering a Position

[charlyher]

If that is the best you can: to toss a coin then so be it.

[menglim]

I take that it is your own system then. You don’t use MA or SR ? If this is the system thats suits you then imho you need to understand the indicators which in turn will enable you to determine your enrty and exit criterea. I can offer no further advice as it is not a Strategy that I use , but hopefully someone else here may be of assisstance
best regards
Dave

I’m not sure if I understand correctly but I use the Bollinger bands to determine support and resistance.

As for the MA, How different is it in using MACD?

[charlyher]

If you like MACD, then start with that.
It stands for Moving Average Convergence Divergence.
And the name speaks it all.

If you don’t know how to use it, then please do some homework.