Plan is to post my analysis and trades here.
I will be posting live trades
Timeframe is H4 and above.
Comments and criticisms are always welcomed.
I m confident that I have an edge. But what matters most is risk management and mentality.
Here are the question I ll be asking myself before entrying a trade. This is how I m planning to calculate my winning probability.
1) Is the price approaching a Trend Line, S&R area or a Fibonacci level and are we seeing a rejection(shooting star/hammer or engulf)?
2) Are we in the direction of main trend?
3) Is R:R > 1:2?
4) Is divergence supporting my position in H4 or higher time frames?
Maximum risk per trade is 2% of account.