a typical setup would be : 1- look at daily / 4 hours chart to understand total trend of market 2- look at 30 min / 15 min chart to identify...
saying my own time frame is useless . instead look at fractal nature of market , : if price resists on a higher timeframe like 4 hours (4h),look...
this argument reminds me Nassim Nicholas Taleb & his point of view on mathematical probability of coin flipping .small unknown variations in the...
the main issue with FundSeeder : those traders with no capital will never be found . the best option is combining FundSeeder and other firms such...
you can also add "break even" scenario into stop loss & target .for example if price moved twice of stop loss length then move stop loss to entry...
so with above calculation , you can use a target of at least 3 times of your stop loss .try to calculate average stop loss & average movements of...
imagine you are trading crude oil (CL) on 5 minute timeframe . the average length of a candlestick in this timeframe is about 20 points /ticks...
use candlesticks in your desirable timeframe for entry , high / low of entry candlestick would be an ideal place for setting stop loss. for exit...
always consider that backtesting & live trading have very different results . you may have a great profit on a backtested strategy and when it...
1- look for those setups which priced moved significantly 2- look for what all of step 1 setups have in common 3- concentrate on minimizing draw...
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