EUR/USD - Possible Creative Scenarios (1)
This Is a Safe-Profitable system that i'm using in order to minimize Risk and maximize my Reward.
It's divided into three parts and I'm going to share only the Most important part of it (if you want the rest hmu).
The 3rd part is called TRADING and it consists of:
1.Charting
2.Filter
3.Management
The idea is to have all your charts prepared with all possible scenarios (APS)
Have IF THEN scenarios on paper
Be available when the market presents an opportunity (already planned and expected to happen)
Filter the opportunity (I have my own method I'm willing to share it if anyone needs it)
My filter is Binary and it tells me to TRADE or WAIT (it's that simple)
If the possible opportunity makes it through the filter then I will manage my risk with assessing my Expected Value.
The first rule is to protect the capital
The second is to get as much as we can from the market while Still following the first rule
This system goes as TAG which stands for (Tight - Aggressive)
-It's not really fun to be Tight (being on the sidelines most of the time) but we are not here for fun but to make money (isn't that the only way we will have fun as well)
It's divided into three parts and I'm going to share only the Most important part of it (if you want the rest hmu).
The 3rd part is called TRADING and it consists of:
1.Charting
2.Filter
3.Management
The idea is to have all your charts prepared with all possible scenarios (APS)
Have IF THEN scenarios on paper
Be available when the market presents an opportunity (already planned and expected to happen)
Filter the opportunity (I have my own method I'm willing to share it if anyone needs it)
My filter is Binary and it tells me to TRADE or WAIT (it's that simple)
If the possible opportunity makes it through the filter then I will manage my risk with assessing my Expected Value.
The first rule is to protect the capital
The second is to get as much as we can from the market while Still following the first rule
This system goes as TAG which stands for (Tight - Aggressive)
-It's not really fun to be Tight (being on the sidelines most of the time) but we are not here for fun but to make money (isn't that the only way we will have fun as well)
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