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Price action with trend

VietTraderX

New member
I was wondering if we can just use price action with trend to ensure less dd . Under this institutional trading method the dd is based on 1 bar on any tf and should ensure an accuracy of 85%. Using a moving an average as a guide to only take bullish trade when price has taken out a bearish bar body high (not wick) with price above the moving average . To keep from buying or selling at over bought or oversold levels only take trades if it’s near the average . Stopliss would be the low or high of the bar triggered which should be fairly low .
 

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