This video is showing that trend trading using higher highs and higher lows can be devastating to the trading account. Using an oscillator may help to reduce the whip-saw
After viewing this video, I disagree that trend trading using higher highs and higher lows does not work. Personally, I find that it is not meaningful to trend trade using 5min charts. It is simply too noisy.
Higher time-frame may be more suitable for trend trading. What time-frame do you prefer to trade?
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