1. Number #1 most important are highs & lows daily weekly Eg. LAST 2 WEEK, straight BULLISH PREVIOUS WEEK, 3rd week BEARISH (RETRACEMENT) of the month THIS WEEK, most likely MONDAY, TUESDAY, WED - BULLISH WEDNESDAY, THURSDAY, FRI - BEARISH
2. Use Fibonacci 61, 78
3. TP guide 75-100pips if trades open >1 session >100pips always occurred within 1 session spike See Highs Lows, depends on liquid pool
4. Scale up the same week -If the week if up by >5, risk more on high probability trades, 1-3% per trade -See daily weekly chart , if previous day offer a) Engulf, Pinbar , Railroad b) LOW/HOW c) Explosive move on real direction, then trade align with the pullback/retracement
---------------------------------------------------------------------------------------------------- THE TRADING PLAN ----------------------------------------------------------------------------------------------------
MUST See how price behave: 1. High Low Week / High Low Day 2. Round number 55, 00 3. Daily candlestick pattern 4. Entry timing ASIA 0400 LON 1000 NY 1600
5. Entry candlestick Pinbar Engulf Railroad
6. Always TP
7. SL breathing 10-28pips 15MIN ENTRY
8. Pending order, never Market order
See how price behave: ADDITIONAL CONSIDERATION 1. Weekly bias Buy B * Sell S S S * B B
2. Typical candlestick structure Anatomy of candle, always push to other side first before real move
3. Peak day, beware on Monday Wednesday
4. Box move XAUUSD 25-50pips (up to 300 if PEAK) XAUEUR (look for correlation)
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.