Which pairs do you watch, as there is sooooo many we can trade this way? How do you keep track of what instruments to trade and keep it all straight in your head so that you do not miss trades? Cuz you have to draw the Fib on the chart, and get a reversal candle then enter. How do you stay organized and not overwhelmed?
Hi sir, very interesting. But i'm abit confuse your setting for Fibo. Usually level 0.0,23.6,38.2,50.0,61.8,100....
Can you advise your setting for fibo please.
Thanks alot
Which pairs do you watch, as there is sooooo many we can trade this way? How do you keep track of what instruments to trade and keep it all straight in your head so that you do not miss trades? Cuz you have to draw the Fib on the chart, and get a reversal candle then enter. How do you stay organized and not overwhelmed? Thanks
Ignored
Youre right there’s so many setups it can get overwhelming. There’s no special answer, but figuring out what time frames and setups you like the most can help you filter out a lot of pairs.
For example I’m focusing on the m5 so all the other setups on all the other time frames don’t concern me.
secondly I want to make sure I’m trading in the direction of the Ema, so this can eliminate a lot of pairs as well.
however this is a good problem to have, we have the ability of combing through many setups until we find one that we like. This conditions patience as well as make us learn how to analyze markets more efficiently. The more setups we comb the stronger our analysis becomes - it’s a compounding effect
some systems barely produce signals and traders hop on the first setup they see.
