• Upward channel with MA50 confluence
• Wait for MA50 and lower channel bounce to go LONG
• Cut Loss at 8/6/19 swing low
• Target at channel resistance
NZX:NZ50G
These trades are the ones that change your account tremendously.
You can trade with technical analysis, with fundamental analysis, with quantitative analysis.
What counts is having Risk Reward and Winrate that determine a positive Profit Factor on your strategies and therefore a growth on a statistical basis.