Hello, greetings everyone.
First of all, I would like to thank you for taking the time to review my simple analysis as a newbie hehe.
For SCALPING or INTRADAY style trades, hmm, personally I always look for where the 200 Moving Average (MA) is.
Why 200? The 200 MA can be considered the strongest level for support or resistance, so I tend to enter around the position/area where the 200 MA is located.
However, everyone has their own trading style, right?
In conclusion, I’m just analyzing the current market condition. Remember, trading carries risks, and the responsibility is yours; do your own analysis. That’s all.
First of all, I would like to thank you for taking the time to review my simple analysis as a newbie hehe.
For SCALPING or INTRADAY style trades, hmm, personally I always look for where the 200 Moving Average (MA) is.
Why 200? The 200 MA can be considered the strongest level for support or resistance, so I tend to enter around the position/area where the 200 MA is located.
However, everyone has their own trading style, right?
In conclusion, I’m just analyzing the current market condition. Remember, trading carries risks, and the responsibility is yours; do your own analysis. That’s all.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.