4H: WKLY TYPE 1 BUY
"STRAIGHT AWAY TRADE" refers to a trade executed immediately at the current market price, without using any pending orders or waiting for price movements.
On the other hand, a "SAFETY TRADE" commonly refers to a trading strategy where the trader waits for confirmation of a trend or a specific price level to enter a trade, focusing on minimizing risk.
Based on your statement, it seems like you prefer to use pending orders or execute trades at the market price when only looking at the 15-minute timeframe. This approach suggests that you may be more inclined towards shorter-term trades or scalping strategies. It's important to note that the trading approach and strategies depend on individual preferences, trading goals, and the underlying market conditions.
On the other hand, a "SAFETY TRADE" commonly refers to a trading strategy where the trader waits for confirmation of a trend or a specific price level to enter a trade, focusing on minimizing risk.
Based on your statement, it seems like you prefer to use pending orders or execute trades at the market price when only looking at the 15-minute timeframe. This approach suggests that you may be more inclined towards shorter-term trades or scalping strategies. It's important to note that the trading approach and strategies depend on individual preferences, trading goals, and the underlying market conditions.
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