Dont forget double tops and double bottoms Dont forget candle patterns Dont forget to look on to several time frames Dont forget trade management Good luck traders
Are you doing this trade it s so bloody obvious The triggers are easy The direction is binary minus one And the take profit and risk to reward is awesome You even know when its going to happen so its a trade where you know 1/DIRECTION 2/ TRADE TIME WINDOW 3/ TAKE PROFIT ZONE 4/ RISK TO REWARD AND XERO RISK OPTIONS WHATS NOT TO LOVE
you could also add in some fib research on the swing highs and swing lows then move those studies into later this week to identify where you will see some repetition try to always look for either two options or a trading zone in which you want to trade Understanding support and resistance , spending hours learning it and then double that time refining it ,...
This is lovely PA it cant decide yet ...it s rotating round the blue line trade the edge for the best return ...or wait for the break and trade the retest
are the bulls still there or are they waiting in the wings for a better entry lower down is the intention to go higher to the next structure zone watch it later this week ....lets see what happens
three areas i am watching for bullish activity so what does that mean and what will help my buy now argument a double bottom a higher low a bullish engulfing rejection of a pivot area and the time frames i will be looking for this to happen ...the 15 and the 60 good luck traders will post on this chart in comments when the trigger occurs ...if you...
do you get it are you drawing lines yet why not ?
if your not share with me what you are doing is it working how are you trading ..seeing opportunities
interesting level soon a sell level but watch it on the the 1 or 2 hour ...look for a bearish pattern
so does that make sense build a trade idea then wait if you would like chart two that follows this chart showing you how it works let me know with a like or a comment or look at six pairs and map it out yourself try it on indices add it to your repertoire if it suits your style of trading
but dont just look look for specific things chart patterns candle patterns divergence overbought or sold BUILD A PICTURE
chart is fairly self explanatory see what happens sellers at the double top or buyers still strong
hope you traded it hoe you got your entry confirmation Are you looking at the Dow 8am return trade idea
detail is on the chart a buy zone soon if we see some bullish PA does everybody follwing know three or four classic bullish or bearish confirmations or potential entry points ???
so which line do you want to buy or will you scale in at some point What will tell you i like the price action now ...it s confirming the bulls are coming back or are you looking for the sell for it to go lower
here s the first chart if you like it we can zoom in to look at how we could look for trades next week on the smaller time frames good luck traders
EVENING ALL THIS IS A BIG TIME FRAME LOOK SEE hope you like it and it makes sense to get some trade ideas and entry level we need to look at a lower timeframe Enjoy the weekend
explanation on the chart ...good luck traders disagree agree any comments ?