Disliked{quote} "When it doesn't meet your requirements STAY OUT." Wise words i will print them out and paste them on my wall and hopefully be disciplined enough to follow them. My basic questions are as follows: For MA10 touch - is price in a solid or forming a solid trend - Is the pull back 1 or 2 bars and has is touched or is close to the MA10 - Is the MA10 at a steep angle - Are the 35/50 tilting in the direction of my entry - Are the 35/50 flat or to wide apart or spreading - Has price recently come from a Higher Time Frame MA or a RN or a SnR - Is...Ignored
Good morning--
Well described.
And there´s not much space for confusion.
What I miss is " first touch"- for me the most important (incl. steep angle)
Additional-- just for newbies- minimum one market open, preferred on session overlap.
- not too close to news-
and I can strongly recommend to review charts and to write trades down in 4 categories:
1. Winner within rules
2. Loser within rules
3. Loser without rules
4. Winner without rules (most dangerous)
and have a review after the day/before you start trading the next day.
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My personal thing is: I remove all lines- quick view naked--
- Is then a good/clean and clear trend in my view visible?
Cherry picking-- learned on the sim-- and now I do the same with futures on a better platform than Metatrader-- but basic is the same.
I train my eye to AAA setups and make them work.
That is really all the trick for dancing/trading -- Train the eye --
Training-- Training-- Training--
Here´s a Vid, Erebus posted in this Forum said exactly what is needed-- free of course--
Inserted Video
Risiko birgt immer auch die Chance.
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