I'll probably upset a lot of traders by saying this...
There are NOT hundreds of trading strategies.
There are only 2:
• Breakout
• Reversal
And they both happen around Support & Resistance.
Everything else is simply a trigger, filter, or confirmation.
****
1. Trading - Breakout & Reversal
Here we have probable breakout
2. Breakout and consolidation and further fresh breakout
3. Chart is trading at ATH, so with small risk big trade is on the way
There are NOT hundreds of trading strategies.
There are only 2:
• Breakout
• Reversal
And they both happen around Support & Resistance.
Everything else is simply a trigger, filter, or confirmation.
****
1. Trading - Breakout & Reversal
Here we have probable breakout
2. Breakout and consolidation and further fresh breakout
3. Chart is trading at ATH, so with small risk big trade is on the way
Trade active
and we have 9% ROI in the opening hr, your FD is renewed in 1 day
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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.
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.