When price broke the low of the channel we said to buy n price will break the top channel n that exactly what happen .. this is over 1800 pips! Forecasted b4 it happen !
Now as mentioned it’s time to open shorts cus the market needs a double bottom to reverse so we can target the low to see if they’ll reversal the market where 75% of the trade should be taken off 25% running in case the sell continues we can just add the 75% profits back into the trade and 25% of the net . Ex
10 lots ,100% trade size.
Profit 75% of the 10 lots at the revisit at the low of the channel .
25% remained short to target the low of price.
If the low is broken the pullback afterward is where u re add the 75% profit taken( from the market back into the trade) + 25% of the total lots size = 12.5 lots..
Increasing ur market power from profits over investment over risking investment each market entry .. by closing trades( daily trading/ scalping etc )
Exponential growth is done by holding trades at critical levels therefore there’s no need to day trade cus critical levels are not visited on a daily basis thus we can conclude the best set ups are at the extreme of a swing and the end of a swing is done on the higher timeframe
Therefore day trading is just another inducement to keep u actively trading just like alcohol, food, musics etc are induced into the casino to keep u gambling! As they know the more u r active the higher the probability the house will win! N trading isn’t gambling it’s stacking probabilities..
as we can measure momentum n momentum shifts at the extremes of a move therefore trading isn’t gambling therefore stop doing gambling things as
Oversizing - looking 4 fast turnovers
Chasing price - greed
Buying in selling in a timeframe *
Emotional trading - scared of losses but want to win over embracing both equally or holding onto losing trades but cut profits shorter!
* is an important topic no1 talks bout
Etc If u trade the daily u shouldn’t be looking to buy Monday n than sell Wednesday etc n buy Thursday etc a timeframe is only doing one out of 3 things at a time - up dwn or sideways if the daily trend is up then it’s up! U need to buy! If u drops the next day u need to look 4 a manipulation of the sell n u need to buy it! Until the shift is seen in the weekly u need to buy or until price goes sideways at an extreme at a weekly point of interest!
And you flip those profits as they are made until the shift occurs…
There’s no excuses work on trade management as trade management trumps risk management. Risk management is overrated cus it’s not about risk management- how much to risk per trade based on account size but it’s how to take the appropriate risk to manage! And risk has no factor in this equation..
Gl with this developmental growth .. ull need it
Now as mentioned it’s time to open shorts cus the market needs a double bottom to reverse so we can target the low to see if they’ll reversal the market where 75% of the trade should be taken off 25% running in case the sell continues we can just add the 75% profits back into the trade and 25% of the net . Ex
10 lots ,100% trade size.
Profit 75% of the 10 lots at the revisit at the low of the channel .
25% remained short to target the low of price.
If the low is broken the pullback afterward is where u re add the 75% profit taken( from the market back into the trade) + 25% of the total lots size = 12.5 lots..
Increasing ur market power from profits over investment over risking investment each market entry .. by closing trades( daily trading/ scalping etc )
Exponential growth is done by holding trades at critical levels therefore there’s no need to day trade cus critical levels are not visited on a daily basis thus we can conclude the best set ups are at the extreme of a swing and the end of a swing is done on the higher timeframe
Therefore day trading is just another inducement to keep u actively trading just like alcohol, food, musics etc are induced into the casino to keep u gambling! As they know the more u r active the higher the probability the house will win! N trading isn’t gambling it’s stacking probabilities..
as we can measure momentum n momentum shifts at the extremes of a move therefore trading isn’t gambling therefore stop doing gambling things as
Oversizing - looking 4 fast turnovers
Chasing price - greed
Buying in selling in a timeframe *
Emotional trading - scared of losses but want to win over embracing both equally or holding onto losing trades but cut profits shorter!
* is an important topic no1 talks bout
Etc If u trade the daily u shouldn’t be looking to buy Monday n than sell Wednesday etc n buy Thursday etc a timeframe is only doing one out of 3 things at a time - up dwn or sideways if the daily trend is up then it’s up! U need to buy! If u drops the next day u need to look 4 a manipulation of the sell n u need to buy it! Until the shift is seen in the weekly u need to buy or until price goes sideways at an extreme at a weekly point of interest!
And you flip those profits as they are made until the shift occurs…
There’s no excuses work on trade management as trade management trumps risk management. Risk management is overrated cus it’s not about risk management- how much to risk per trade based on account size but it’s how to take the appropriate risk to manage! And risk has no factor in this equation..
Gl with this developmental growth .. ull need it