Your plan should be based on a tested strategy (one you have tested yourself) it should include entry, stops and target (at minimum) it should include good money management. Your strategy should be based on the type of analysis you are using.It should be rule based which means when you enter the trade you don't have to worry about what to do because it was all planed way ahead before you even start trading with real money.
I believe you should comment with valid charts rather than posting without basis. Sorry to state this..Anils analysis had been spot on most of the cases and with proper risk management we will be able to take trades based on his views and charts. if you are too good do on your own not going opposite to the views indicated unless you are convinced and can prove through analysis.
Hi pyromus. Can you specify what you mean by a "real trend"? What timeframe are you referring to? As it is, we have a sell setup on H1, but that doesn't mean we should expect a long-term (daily) downtrend, as we are still correcting the Brexit-move. As for the timing, Anil would probably say that there is no way to tell precisely WHEN a trend will start. But what you can do if you understand structure - and Anil demonstrates this impressively time and over again here on TV - is anticipate when a corrective structure might be over and when the next impulse might start. Once you have the analysis part right, it is just important to figure out a strategy that allows you to enter and exit these moves (if you just jump in when you see it moving you will blow your account in the long run). Anil is offering a free weekly outlook webinar later today, check it out if you can (you can find the link on Anil's profile.