Write sometning about your psyhology thinking before trade? It is a good day I am a little tired so I have a bed time
Describe the trade. What you see? price will bounce from support line and go to the upper resistance line
Write sometning about your psyhology thinking before trade? woried about the spike in the july, if this will happened this time i will loose my bet
Describe the trade. What you see? there will be a swing between two lines
What have I done well for this trade? set the upper tarket was perfect
What can I take away to help with later trades? that the stop loss was...
BWA has formed either a three descending peaks or a complex H&S. Ill let you guys be the judge. The MACD, Stoch and ADX all look like lower prices are expected. If you scroll up to the weekly and monthly you can see that not only do the indicators also support a lower prices, their are also some larger possible H&S.
My price target is not that far below. It is...
I believe that successful trading strategies rely heavily upon identifying consolidation zones. Consolidation zones provide us the right direction of the market. Consolidation happens when a market move sharply upside or downside. Later, a trader can use these consolidation zones to identify patterns, whether it be a continuation or reversal.