#003 DCA NEW2 USDJPY LONG Up Trend
Add : 5D range, higher high higher low, strongest trending pairs.
(This should be what I have said instead, but I haven't been taking any trades for awhile so I forgotten what I would want to say in every trade I take.)
2316SGT 26122024
---
Trend is in an obvious up, and higher high and higher low as in.
So,
Long when trend is up.
Short when trend is down.
Avoid trading into ranging and major support and resistance areas.
Scale in when price goes in our favour.
DCA when price goes against our favour.
Use 5 Day range and line chart.
DCA at major levels only, and not every minor and micro support and resistance level.
GBPAUD trade still intact as price is ranging.
2303SGT 26122024
(This should be what I have said instead, but I haven't been taking any trades for awhile so I forgotten what I would want to say in every trade I take.)
2316SGT 26122024
---
Trend is in an obvious up, and higher high and higher low as in.
So,
Long when trend is up.
Short when trend is down.
Avoid trading into ranging and major support and resistance areas.
Scale in when price goes in our favour.
DCA when price goes against our favour.
Use 5 Day range and line chart.
DCA at major levels only, and not every minor and micro support and resistance level.
GBPAUD trade still intact as price is ranging.
2303SGT 26122024
Trade active
Hourly -
4H -
Daily -
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.