German 40 closed at low on Friday
but going up to fill the gap.
Also Hedge funds are selling while commericials buying.
Time to buy for me.
I dont use price action,because i dont believe in it.Instead I use my commercial analysis
to buy and sell
but going up to fill the gap.
Also Hedge funds are selling while commericials buying.
Time to buy for me.
I dont use price action,because i dont believe in it.Instead I use my commercial analysis
to buy and sell
Trade closed manually
Note
greend area is not stop loss area!!!!!!!green area is where I add more aggressively buys.If price comes down to the green area,i use that area where price action traders put their stops and get trapped every time.Instead I buy their stops,where they get trapped.Therefor money management matters:first entry small,(for example 1/100 of the capital or 0.01%
if the price comes down,we are temporarily in unrealized loss,but once green area or below that area reached,I go full in
the average comes down(BEP)
and the market starts to eplode.
once the price reached our origin of entry(1st entry) we take first profit(50%) and let the rest of our trades run into profit zone
That way,we catch the momentum,trend, and also reversal on the same time,because smart money trapps retail traders,that way we go with smart money.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.