Day trade setup

For general study purpus

hi pusztafie
Can you share the sl tp indicators ?

It is fib

thanks,here it is

CJ sell trade

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Conclusion: Developing a resilient mindset is a vital component of success in forex trading. By embracing a growth mindset, fostering positive self-talk, learning from failures, managing emotions and stress, cultivating adaptive thinking, building a supportive network, and prioritizing self-care, traders can navigate challenges and setbacks with resilience and determination. Remember, resilience is a skill that can be nurtured and strengthened over time. By cultivating a resilient mindset, traders can not only achieve their goals but also find fulfillment in the journey of forex trading.

Hello hasib You opened a very good thread. I found a lot of good things. Thanks a lot for this.
Here in this order you made, you may have missed the thick support line. Unfortunately, the price reversed on the line, before the take profit was reached. Later the stop loss was reached. Don't you want to work with resistance and support lines?





Best regards
Michael.MSA

I saw this

The market is in a range. we get a sell signal at the lower end of the range it is obvious that we will not open a sell trade there

EURAUD m5, 1:3,5

USDCHF H1

UJ M1 getting ready to buy

Trade set up

Aaaaaand... SL

Use open line, it will help you
best wishes

Hello Hasib!
It's on my chart but it was far away from the setup. How do you use it?
Thank you

First of all, we know what kind of market conditions our system does very very well that is the trending market.
here is an example of trending conditions.

I use Daily, weekly, and monthly open lines for Trade directions. if the price is above the daily open line it is my general view that day is a bullish day like wise weekly and monthly. If the price is too far way from the daily open line I don't open trade.