Hey guys, first of all i want you to present my favorite broker: goo.gl/RerKlL
We see on a bigger timeframe that we have nice and accurate support and resistance areas but also trend resistances.
I mean the blue line that covers the upper side of our bigger trend. It means, if we reach one of these blue lines, we should think about shorting. How you get out of the trade is your problem, if you'll do it good you will profit, if not, you'll loose like 95% of other traders out there.
I only show you where are good entries! :))
We had big move few days ago, and we didn't correct back to 50% retracement, it means that it is possible that we go back down to our support rectangle .. 50% should be around this area, and then we can go on with our trend.
Thanks for reading bro's
EVERYONE of you is invited in my Trading Group where bunch of good daytrades post their ideas,trades,strategies and discuss: www.facebook.com/groups/in.trading/
You are welcome :))
We see on a bigger timeframe that we have nice and accurate support and resistance areas but also trend resistances.
I mean the blue line that covers the upper side of our bigger trend. It means, if we reach one of these blue lines, we should think about shorting. How you get out of the trade is your problem, if you'll do it good you will profit, if not, you'll loose like 95% of other traders out there.
I only show you where are good entries! :))
We had big move few days ago, and we didn't correct back to 50% retracement, it means that it is possible that we go back down to our support rectangle .. 50% should be around this area, and then we can go on with our trend.
Thanks for reading bro's
EVERYONE of you is invited in my Trading Group where bunch of good daytrades post their ideas,trades,strategies and discuss: www.facebook.com/groups/in.trading/
You are welcome :))