My Steps On how To Improve Forex Trading Win / Loss Ratio In this video we talk about the three elements of the new plan that I have designed based on different types of schools and educational sources.
The plan elements consist of SMC (Smart Money Concepts), Classical School (Support & Resistance, Trend Lines, Febonacci Retracement (not all the time)), and the Stochastic Indicator.
The stochastic is of two timeframes, One is weekly and the other is daily but both are shown on the daily timeframe. This is something that I loved here about TradingView; is the ability to show an indicator of a different timeframe.
Last week I opened a couple of positions based on the new plan, but one of them was opened with haste and not totally adhered to my trading Plan rules.
I show the exact trading rules that I am using and how this will affect my risk management plan.
