your rules should be defined so well that they could be put into a bot
I give you 5 important trading rules this week. You have seen them time and time again on many trading educational programs but they show up often because they are important.
SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1-3 days Actions on - A – Activating Event Market will meet resistance in zone @1.864 - .... and fall to the @1.79. In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 1.79 FX:GBPAUD...
IF !! we still are in a big bullish flag, we will still need to finish the last C wave off the 5 wave. and remeber the rule. the C wave in the finishing 5 wave can be very LONG! wich means we will drop a lot. if this is what this pair is doing. we can begin to by back in 0.31300 - 0.31150 range if this scenario is playing out. I think we will go very green in next...
Hi guys! Rule number one: Every coins should go square up. At the moment, Ada follows the rule number one! It has square up at his first support. Now, will it go up or go down has his next resistance to still square up? If ADA goes down, it will go down at 60%! So, WARNING!!!! Be patient and enter at the right time. Add me on telegram to invest at the right...
The first touch of supply is may be short. Lets see.
AUDUSD > Area of interest > 0.77462 - 0.77542 Oanda 10/13/17 closing price @ 0.78860 w/ increase @ 0.88% Pullback to S2 / S3 levels is required for set-up to remain valid. Buy Stop Entry will be placed with further confirmation and if analysis rules/strategies are met. Potential Targets: T/P 1 @ 0.78676 T/P 2 @ 0.78894 T/P 3 @ 0.79987 * Personal analysis...
Too late to buy if not involved! COINBASE:BTCUSD
BTCUSD | Game Rules | Bears time ;o So I'm really waiting for some strong bearish waves now... **** Please write your thoughts in comments Thank you :)
www.tradingview.com Stock oversold. As always. Target is floating and not set . If the trade is successful, I will close once it hit's SMA200 again.
BASIC RULES FOR TRADING MY SWING TRADE LEVELS : SL/PT For every swing trade I use different SL. It is because I search the chart for the best place for the stop loss order. My PT depends on how far my SL is. Ideally the distance to PT is more or less the same as the distance to my previously determined SL (if I choose SL for example 100 pips, I use PT also...
Trading rules for intraday levels 1 . Understanding levels - I trade all my levels when the price reaches them. If I have for example 2 short levels it doesn’t mean that price will go up to reach those two levels nor does it mean that I think the market is going down. What it means is: If the price reaches 1st short level – I go in the short trade. Using rules...
Bullish Gartley Pattern Rules, If any rule is violated, the pattern is invalid. The same rules can be used for a bearish gartley pattern.
Bearish Gartley Pattern Rules, If any rule is violated, the pattern is invalid. The same rules can be used for a bullish gartley pattern.
Look for pullback and short again Never chase the price
Realised I was way calmer and successful when backtesting than when actually trading. The problem is because it's real money ! I'm way too greedy. I want to make lots of money quickly. I take as much trade as I can on every charts that look remotely nice. Hopefully these basics idea will calm my greed and will make me a better trader overhaul.