If you want to know more about Fib Circs, start with these basic 4. Then start painting more, top to bottom, bottom to top, bottom to bottom, top to top. Then you can start finding future points matching the price action.
Day trading after the opening of the preparatory work
1, to determine whether the market today is a unilateral or shock - the price in the 3 minute chart 30 minutes the highest price and the lowest price between the region up and down the volatility of the shocks, a breakthrough may occur.
2, judge the midline trend - if the 60 minute chart trend is up, as far as...
First, select varieties
Not all varieties are suitable for day trading, in order to obtain a profit in the day trading, the first thing to choose a good subject matter. Only those with a large variety of volatility and liquidity can make traders make profits quickly.
I recommend: EUR/USD, AUD/USD, USD/CAD, GB/U, XAU/USD
What to expect before Major Session kicks in (Session start)
This is probably the most common type of trading - "Start session breakout"
But, as you can see, what also is very common - whipsaws are so common, and due to lack of money management, the beginning of the session can be very disturbing, and it also can be the end of trading for a current day or even...
HA-HA, I think I can hear what you're saying now about money management, and about my words.
But look, to be consistent in profit we must do a couple of things on a regular basis.
1 Follow our system or a trading approach with no excuse - to keep the statistics.
2 Not to be afraid to trade, when we see a signal.
2 Use our stop losses without any excuses, and no...
Clean and insightful USD/JPY publish with overview on trading a Descending Wedge - just my opinion anyway :)
The base range is the distance from the highest point of the range to our marked low point.
We then take this same distance to determine the potential size of the breakout
Note how close USD/JPY came to reaching this potential level
in my experience...
