HI EVERYONE. I HOPE YOU ARE ALL ENJOYING YOUR WEEK SO FAR.
HERE I HAVE PREPARED AN EDUCATIONAL POST ON MY TRADING CONCEPT. THE WAY I TRADE IS PRETTY SIMPLE. I LOOK FOR IMPULSE AND CORRECTION ON A CHART AND PLACE A TRADE BASE ON THOSE INFORMATION.
IMPULSE: IT IS A SERIES OF LONG CANDLES WITH STRONG IMPULSIVE MOVE AND THEY ARE USUALLY VERY FAST.
CORRECTION: IT IS A SERIES OF SHORT CANDLES WITH SLOW MOVEMENT AND TAKE A LONGER TIME TO MOVE.
ONCE I IDENTIFY A CORRECTION, THEN I CAN ANTICIPATE THE NEXT IMPULSE SO IT MAKES IT VERY EASY FOR ME TO GET INTO THE MARKET WITH THE BEST POSSIBLE ENTRY AND A MANAGEABLE RISK.
I HOPE THESE INFORMATION ARE HELPFUL. I WILL COVER MORE DETAILS IN THE NEXT POSTS ON HOW TO IDENTIFY THESE CORRECTIONS TO BE ABLE TO ANTICIPATE THE NEXT IMPULSIVE MOVE.
HAVE A GOOD WEEKEND ALL.
HERE I HAVE PREPARED AN EDUCATIONAL POST ON MY TRADING CONCEPT. THE WAY I TRADE IS PRETTY SIMPLE. I LOOK FOR IMPULSE AND CORRECTION ON A CHART AND PLACE A TRADE BASE ON THOSE INFORMATION.
IMPULSE: IT IS A SERIES OF LONG CANDLES WITH STRONG IMPULSIVE MOVE AND THEY ARE USUALLY VERY FAST.
CORRECTION: IT IS A SERIES OF SHORT CANDLES WITH SLOW MOVEMENT AND TAKE A LONGER TIME TO MOVE.
ONCE I IDENTIFY A CORRECTION, THEN I CAN ANTICIPATE THE NEXT IMPULSE SO IT MAKES IT VERY EASY FOR ME TO GET INTO THE MARKET WITH THE BEST POSSIBLE ENTRY AND A MANAGEABLE RISK.
I HOPE THESE INFORMATION ARE HELPFUL. I WILL COVER MORE DETAILS IN THE NEXT POSTS ON HOW TO IDENTIFY THESE CORRECTIONS TO BE ABLE TO ANTICIPATE THE NEXT IMPULSIVE MOVE.
HAVE A GOOD WEEKEND ALL.
Note
If you would like to know the rules of becoming successful in trading, please see my previous post:
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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.