LONG ENTRY REQUIREMENTS EXAMPLE. TRENDING MARKET-CONDITION
The above is what we will be starting with. No further indicators just yet. We will only be using PPMA's, and trendlines. Maybe 3EMA to confirm PRIMARY TREND.
1.)Confirm PRIMARY TREND to determine MARKET-CONDITION.
MARKET CONDITION DICTATES OUR TRADING STYLE.
Primary Trend is trending BULLISHLY = BULLISH MARKET CONDITION
BULLISH MARKET CONDITION = TRADE BREAKOUTS AND/OR PULL-BACKS. (our primary purpose here is to focus on trading BREAKOUTS, I will ignore PULL-BACKS and REVERSALS because they are above my pay-grade right now)
-------->The above chart displays my Entry Strategy, ie- entering into the momentum of the PRIMARY TREND and riding that PRIMARY TREND until it shows sufficient weakness (upon which time we will exit all our long positions, as market has a confirmed bearish CONDITIONAL CHANGE), hopefully racking up some coins as we go.
1.)Confirm PRIMARY TREND to determine MARKET-CONDITION.
MARKET CONDITION DICTATES OUR TRADING STYLE.
Primary Trend is trending BULLISHLY = BULLISH MARKET CONDITION
BULLISH MARKET CONDITION = TRADE BREAKOUTS AND/OR PULL-BACKS. (our primary purpose here is to focus on trading BREAKOUTS, I will ignore PULL-BACKS and REVERSALS because they are above my pay-grade right now)
-------->The above chart displays my Entry Strategy, ie- entering into the momentum of the PRIMARY TREND and riding that PRIMARY TREND until it shows sufficient weakness (upon which time we will exit all our long positions, as market has a confirmed bearish CONDITIONAL CHANGE), hopefully racking up some coins as we go.
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