dominicdrock

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dominicdrock

The trend is your friend why trade any other way we must stop allowing other internet gurus to convince us that goin with the trend is a mistake.

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dominicdrock

Look for a series of higher highs and higher lows on the price chart. Enter a long (buy) trade when the price makes a pullback to a higher low, anticipating that the uptrend will continue. Place a stop-loss order below the most recent higher low to manage risk. Take profit when the price makes a new higher high. Downtrend Trading: Look for a series of lower highs...

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dominicdrock

Look for a series of higher highs and higher lows on the price chart. Enter a long (buy) trade when the price makes a pullback to a higher low, anticipating that the uptrend will continue. Place a stop-loss order below the most recent higher low to manage risk. Take profit when the price makes a new higher high. Downtrend Trading: Look for a series of lower highs...

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dominicdrock

Day trading using moving averages can be an effective strategy for identifying trends and potential entry/exit points in the market. Here's a four-step system for day trading using moving averages:

12:18

dominicdrock

Instead of attempting to capture every market fluctuation, our strategy centers around identifying and following the prevailing trend. As retail traders without control over volume, patience becomes crucial as we await opportune entry points.

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dominicdrock

How's everybody's trading going ? take a quick look at this set up to see if this could help out your trading . Talk with you soon

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dominicdrock

Achieving a successful entry in forex trading hinges on your ability to comprehend the structural elements at play. Start by gaining a clear understanding of the market's current structural dynamics. Next, it's essential to analyze the candlestick formations to determine which party is likely to control the market. Often, traders tend to overemphasize patterns and...

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dominicdrock

Waiting for the right moment to enter a trade in the forex market, especially when considering a move up to the next resistance level, is a critical aspect of successful trading. In the world of forex, patience and timing are essential, and understanding how to approach a potential resistance level is crucial for making informed decisions. Here's a guide on this strategy:

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dominicdrock

Following trends is a fundamental strategy that many traders utilize for a variety of compelling reasons. While it's important to note that no trading strategy guarantees success, trend following has several key advantages that make it a popular choice among forex traders

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dominicdrock

Just some quick tips on how to get the best use out of certain indicators to help you with better entries . I hope this lifts up your trading spirit

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dominicdrock

Trading is often unnecessarily complicated. Indicators are designed to assist us, not create additional hurdles. Simply understand the most effective approach to utilize them, and you'll be absolutely fine.

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dominicdrock

Trading is often unnecessarily complicated. Indicators are designed to assist us, not create additional hurdles. Simply understand the most effective approach to utilize them, and you'll be absolutely fine.

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dominicdrock

Forex trading, as you may know, can be an exhilarating yet volatile venture. The market presents countless opportunities, but it also poses significant risks. To navigate these waters successfully, it is crucial to establish a solid trading plan that acts as your compass, guiding you through the tumultuous tides of the forex market.

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dominicdrock

When you pair these two indicators together , I believe your trading will go to another level

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dominicdrock

I wanted to put a quick video together to discuss the best way to use pivot point and moving averages. Try not to over think when trading let the trades come to you

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dominicdrock

Using the proper indicators are vital for a successful trader. Making sure to implement a trading plan is vital for success . Thank me later

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dominicdrock

Pivot levels .. How to use them I like to use them to figure out when to enter and exit my trades

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dominicdrock

Taking a look at gu & zar for the right entries depending on what time to decide to look at the chart