Hello Everyone
I want to say something that might be your strategy or you may criticize me about that but I am sure whoever disagrees with me about it is struggling to get profit in his account.
Note: Always and always trade in a chart that is in a weekly trend.
I man it does not matter what timeframe you are trading and with what method, it is incredibly vital that chose a trend (Bullish for long positions and Bearish for short positions) and never and ever try to trap yourself in a chart that is ranging in WEKLY TIMEFRAME. There are many reasons for that and I have paid a lot of money to learn it.
The first reason is a lot of support/resistance level existing in this area that try to hit your Stops.
Second reason is that we should follow the wales in every market and big whales do not waste their time and money for trading in this long term consolidations.
Oil is a good example for now and I just want to say, these symbols are not ours and we should chose more profitable ones.
This is the most reason that all charts do not move together and liquidity shifts between them.
Thanks
I want to say something that might be your strategy or you may criticize me about that but I am sure whoever disagrees with me about it is struggling to get profit in his account.
Note: Always and always trade in a chart that is in a weekly trend.
I man it does not matter what timeframe you are trading and with what method, it is incredibly vital that chose a trend (Bullish for long positions and Bearish for short positions) and never and ever try to trap yourself in a chart that is ranging in WEKLY TIMEFRAME. There are many reasons for that and I have paid a lot of money to learn it.
The first reason is a lot of support/resistance level existing in this area that try to hit your Stops.
Second reason is that we should follow the wales in every market and big whales do not waste their time and money for trading in this long term consolidations.
Oil is a good example for now and I just want to say, these symbols are not ours and we should chose more profitable ones.
This is the most reason that all charts do not move together and liquidity shifts between them.
Thanks
AMA