Sometimes we are not very focused or we are busy and dont see an important event coming. In this case I use zone to zone. When the price is about to break a zone I look at candle close beneath or above the zone from M15 to H1. The higher the time frame the stronger the confirmation. When momentum is strong, i use M15. 1. Wait for candle close (beware of fake...
Fun fact: I dont know what happened to all that movement from last week, i m also pretty sure I m not an alien, but I had more data on friday which dissappeared... Checklist to repeat: 1. Do I have a clear direction? 2. Is momentum going towards my direction already, or do I want to enter premomentum? If so, do I have confirmation of general (higher timeframe)...
Sunday having a look at the markets and making a watchlist for the week ahead important checklist I think you need to ask yourself before entering a trade, I still look at this before every trade to remind myself I call it am I being a Twat checklist 1. Am I just taking a punt with this trade 2. Does this fit my trading plan, have I lost some trades on the...
I have developed a trading system for myself that lets me know if a buy is good, or average so I can manage my risk. I have ranked what I believe to be the most important technical indicators in addition to signals form the Ichimoku Cloud. A top score would be if it adds up to 35 - 46. You can play around with changing some of the numbers if the validity doesn't...
I have developed a trading system for myself that lets me know if a buy is good, or average so I can manage my risk. I have ranked what I believe to be the most important technical indicators in addition to signals form the Ichimoku Cloud. A top score would be if it adds up to 35 - 46. You can play around with changing some of the numbers if the validity doesn't...