pbmalla77

Efficient way to spend time while looking at charts

Education
pbmalla77 Updated   
FX:EURUSD   Euro / U.S. Dollar

Apply this technique while looking at charts.

The goal is to train your eyes to see specific pattern. Try to find at least 30 or more. Find your own pattern or patterns you want dive in deeper.
Comment:
1. Pattern recognition
2. Find at least 30 or more.
3. Once you can identify pattern, add technical analysis that you understand to
find confluence. Ex- Support/resistance, trends, etc.
4. Build statistics. Use that data to formulate strategies.
5. Back test and forward test strategies. Adjust stops, execution and target
levels.
6. Identify if edge exist. What probability? Execute with good risk management
and repeat.
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