Generally how I set up my trading plans.
I found that having too many levels can cripple your trading and have you in analysis paralysis.
To prevent this, I set up trades that have confluence.
I am unbiased on which way the market is headed, I just wait for price to hit my levels of interest.
I do not watch the news and do not pay attention to DXY or see how stocks are doing.
100% of my focus is just one chart.
I found that having too many levels can cripple your trading and have you in analysis paralysis.
To prevent this, I set up trades that have confluence.
I am unbiased on which way the market is headed, I just wait for price to hit my levels of interest.
I do not watch the news and do not pay attention to DXY or see how stocks are doing.
100% of my focus is just one chart.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.