come on folks look at my ideas try the last hundred ...more if you like winners guidance techniques not sure ...then look at the last 500 : ) Rob
will we see a little correction up giving us a better sell entry waiting to see when the bulls weaken if they do come in by watching the 1 or 2 hour charts if you follow ..watch it ...mark up your lines on the shorter time frames
so finally ihave added bollingers i could also have added pivot points thses are the tools i like to use but hey use what suits your trading style and what you are comfortable with moving averages are cool Fib levels are fantastic and i always forget to use them EXPERIMENT Then review and develop ... let you trading plan ...your style evolve , build on...
keep doing this til you see it and it means something if you can see it when the markets are closed then you ll start to see it real time do it for an hour a day for a week ...you will thank me i guarantee it one more chart with just one thing further added
the next chart will show numerous patterns can you -did you see them -can you see more do you this on several different charts and several time frames every day for a week THIS WILL SO IMPROVE YOUR TRADING -TRY IT
1/Work harder ....this one is so obvious . Trading is hard work .Are you putting the work in ? It s relentless you have to do it every day ,seven days a week .Are you doing that . Do you stick at it ? You want to be a profitable trader , you dream of the high life ...hell just a better life THEN COMMIT TO IT . It doe nt just happen but it can happen . UP THE WORK...
i always start my trade idea with horizontal lines then combine it with three time frames that are relevant to your trading plan /system dont forget to look left ALWAYS look left decide your directional bias then look for your preferred entry zone BANG now WAIT you ll know when
dont forget its january nobody seems interested in Robs ten day challenge ...i get that ...we are all busy busy people but hey say hello with a like ...or just say hi ..it s appreciated
so the trend is down we have key areas to help us how do we trade it what is important to us for me it has to be the risk reward your entry offers enhanced by your directional bias ...does that make sense then what do we do we build confluences ..a case to support our trade ..when the arguement is just so good well you have to trade it ..dont you...
firstly the chart two ranges - play the ranges -as per the arrows secondly the ten day challenge ,what is it , it starts next week if i get some interest i ll share more (show your interest with some likes please ) THE RULES IF MY TEN DAY CHALLENGE 1/ markets indices dax ,dow and ftse and gbp pairs 2/time frames i ll be trading will be the 5-15-60...
why did i post this because trading is so so simple if you dont like the chart if you dont have a strong reason to trade that chart what do you 1/WALK AWAY 2/FIND A BETTER CHART WITH A BETTER OPPORTUNITY GOOD LUCK TRADERS
watch the circled area if the bears are coming in thats WHERE WE NEED TO SEE THEM ?? good luck traders
not sure if any of the followers are looking anymore if you are and you like this idea please give me a like and i ll post up some more for this week Happy Xmas Rob
dont forget trading is MOSTLY about RR if you get an entry that ticks enough boxes and it has good RR ???? I dont like huge stops - if my entry is wrong ..to early or just wrong i dont like to take a big hit . I want it to move in my direction with momentum .If it does nt there is a good probability i am wrong so i would rather take the smallest loss possible...
big fast move down at strong structure just need to see some bulls in the 1.6740-1.6760 area
watch the action on the one hour just watch it dont trade it see what the bulls will do to push the price up or see what the bears will do to push the price down look at the candle patterns ,a change in the pivots , trend lines and range bound when you see these cold with no cash on the line it will so help [ you when it happens and you trade it DO...
so you look on the daily for the important levels that could soon come into play then you look at a smaller time frame i like the one hour but i ll look at several to get a full interpretation when you are trading ,you want a plan , a level that is of interest for you ...then you want to build the case for your trade ..a good entry ..a good Risk -reward...
why do we make trading so damn hard come on really why do we it s a binary choice A/ its going up B/ its going down a monkey could do better then 98.2 of all traders ...what does that tell us AND DONT GET ME ON THE MATHS Tennis ..could you return the serve Golf ..could you hole the 4 ft put Snooker ..after the red did you miss the black We make...