1. NEVER TRADE A BREAKOUT WITH ECN.
2. WAIT FOR AN IMPULSE CANDLE
3.NO MATTER HOW FAR THE MARKET WILL GO - REMEMBER, WHILE WORRYING ABOUT HOW MUCH YOU DIDN'T MADE - YOU'RE NOT WORRYING ABOUT HOW MUCH YOU'VE LOST!!!
4. WAIT FOR A SHORT TERM CORRECTION, USUALLY 3-5 MINUTES - enter after the 3rd - 4th minute close.
5. ENTER ON A CANDLE WITH A SHORT BODY OR INSIDE/OUTSIDE BAR.
6. TARGET IS A NEWLY FORMED EXTREME
7. STOP LOSS IS ABOVE THE ENTRY EXTREME
IF YOU LOSE SUCH A TRADE - YOU WILL ALWAYS LOSE LESS THEN A SLIPPAGE...
study this phenomenon on the history and ask me anything.
I have decided to share a trading strategies from now on instead of sharing analysis.
however, if you want to see my opinion, you can always ask.
Trading-view is about getting a new knowledge,
I will try to do my best for the entire community.