Whenever you see price is in strong trend above or below 20 ma and you miss the move then wait for Price to take a powernap which mean price suddenly making very small candle and move between a very small Range then simply play buy or sell order and relax and you also take a powernap Modify this idea according to ur approach Trade on ur risk
PRICE action is important but while taking a trade confluence of factors is very important Trade on ur risk
When ever you see such big move of candle and suddenly after a small candle this indicates that their is heavy Pressure of opposite party which stop such movement See for this near support or resistance level Trade on ur knowledge and risk
Don't just trade it blindly but to make ur rupe according to ur approach toward market Trade on ur risk
First thing that improve ur trading to next level is to always with big picture of trend 1) trade chart pattern near support or resistance level 2) always trade with trend 3) draw neckline and wait for big beautiful candle for breakout You can also trade against the trend also
The price is make head and shoulders near resistance level it seem the price can go do on break of trendline Trade on your risk this is only for education purpose
By set and forgot method you defeat the opponent called trading psychology By this method you can spend time with ur loved once rather than being frustrated without no reason Remember price move in way he wants so by staying on screen can't change anything
I look for the buying pressure for me I wait for pin bar and a confirmation next candle Which confirm that yes pin bar is vaild Only for education purpose
Whenever I see so many wick near support or resistance level it mean one party is dominating another so just wait for one strong candle in favor before entring the market stoploss just above wicks Only for education purpose
To avoid false breakout you need 3 condition for breakout It is not sure that breakout become success but it increase ur odd in favour
Took entry according to ur trading signal for example (pin bar , englufing, takeout ) these are my favorate signals Only for education purpose Keep learning
First and foremost if you want to increase ur win rate the alway trade with the trend Alway wait for confirmation signal before entering a trade Keep learning
Just identify big candle move in ur chart which is strong enough so this is kind of move is made by Big player , draw the zone using open and close of basing candle and wait for price to retrace and show The price rejection The price rejection because bank deploy their limit orders Keep learning
When ever you trade support or resistance or trendline Alway trade after a false break This is only for education purpose donot trade
The price is in the range after a downtrend , the continuously big bullish candle is indication of big players the accumulate their position for big move You can took entry on bullish candle Trade on ur risk
Whenever you open your chart and you want to trade with bank and financial institutions so Simple find big and strong candle which is only created by big players so see the chart carefully And identify where the big boys want to take the price and just follow them Trade on your risk
Whenever you see strong and big bold candle it is a clear indication of big players Because this kind of move can't be made by small money so if you want to find bank And financial institutions move you don't need to see data and news just see the charts This big move retrace because of some PROFIT booking by big players The dragonfly doji is because all big...
When ever you see a strong support or resistance level don't just trade just after seeing the green or red candle in ur favor what you can do is go to lower time frame and observe how price is behaving and let the price tell you that When the price rally from support or resistance level , because of this we have better time our entry and donot need to Stuck our...