The hardest homework, of we as traders is to find the best probable position to fit in the market,and the methodologies varies from one individual to another.
I settled on the SUPPORT /RESISTANCE, and the gray area EQUILIBRIUM to define the best probable position to engage.
So the basic rules on this kind of approach is,
- below the EQUILIBRIUM BUY.
- above the EQUILIBRIUM SELL.
To find those levels the indicator that have worked well for me is MEDIAN HIGH LOW indicator, on the far left of FF search it.
Parameters are usually a headache, and depending on an individual they vary, for me 50 have worked well.
I settled on the SUPPORT /RESISTANCE, and the gray area EQUILIBRIUM to define the best probable position to engage.
So the basic rules on this kind of approach is,
- below the EQUILIBRIUM BUY.
- above the EQUILIBRIUM SELL.
To find those levels the indicator that have worked well for me is MEDIAN HIGH LOW indicator, on the far left of FF search it.
Parameters are usually a headache, and depending on an individual they vary, for me 50 have worked well.
MARKET ABHORS LAZINESS,DOING MY HOMEWORK ....