Here is another chart example.
Now in this one you will notice the difference.
The last one [reference below
EURJPY ]
Had a whipsaw of about -0.2%
This whipsaw f'd me up.I stared doubting the strategy.
Now in all fairness day trading is hard.
So just about now i was watching
a video from Tim Sykes.
And he said "Focuss on big percent gainers"
I say focuss on the trend
Do you remember that the last forex
pairEURJPY had no percent gain?
At the point of entry?
In my case it had no gap.
So lets look at this chart.And notice the following:
👉The price is above the 50 EMA
👉The price is above the 200 EMA
👉 The price has "gapped" up
✅In this case the price has "gapped" up -[Green performance]
✅In this case The ema's have crossed
✅In this case its followed the rocket booster strategy
❌In this case i have failed to recognise the candlestick pattern
As you can see my analysis is not perfect.
But what i love about this one
is the "Green performance".
Also it follows the rocket booster strategy.
Rocket boost this content to learn more.
Disclaimer:Trading is risky please learn risk management
and profit taking
strategies.And feel free to use a simulation
trading account before you trade with real money.
Now in this one you will notice the difference.
The last one [reference below
EURJPY ]Had a whipsaw of about -0.2%
This whipsaw f'd me up.I stared doubting the strategy.
Now in all fairness day trading is hard.
So just about now i was watching
a video from Tim Sykes.
And he said "Focuss on big percent gainers"
I say focuss on the trend
Do you remember that the last forex
pair
EURJPY had no percent gain?At the point of entry?
In my case it had no gap.
So lets look at this chart.And notice the following:
👉The price is above the 50 EMA
👉The price is above the 200 EMA
👉 The price has "gapped" up
✅In this case the price has "gapped" up -[Green performance]
✅In this case The ema's have crossed
✅In this case its followed the rocket booster strategy
❌In this case i have failed to recognise the candlestick pattern
As you can see my analysis is not perfect.
But what i love about this one
is the "Green performance".
Also it follows the rocket booster strategy.
Rocket boost this content to learn more.
Disclaimer:Trading is risky please learn risk management
and profit taking
strategies.And feel free to use a simulation
trading account before you trade with real money.
Related publications
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.
Related publications
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.