CustomTradePlan

Recognizing High Probability in SQ

Long
NYSE:SQ   Square, Inc
Recognizing high probability in HQ. Until we lose this $45 level, the higher probability is still to go long. Hope this video helps show you how to zoom out. When in doubt, zoom out. There's always a trade somewhere that's against the primary trend. This does not mean you should be taking it. Know the difference between patience and aggressiveness. Waiting for a high probability pullback at the right long term areas is patience, shorting the 60 minute because buyers are selling at profit levels is aggressive.

Both can work, both can fail. Hopefully, now you can see a little clearer reason why one can work better than the other over a 3 month period.

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Remember. It's your money, it needs to be your plan. Only trade what you've tested and proven out, your account will thank you.