trade with zero gainWrite sometning about your psyhology thinking before trade?
I am in very good shape because I am in a vaccation and have a lot of time for market.
Describe the trade. What you see?
I will enter at the top of the ascending triangle and hope price will go to lower support
Write why you want to enter the trade in this point?
Stock is oversold and it is on the top of the formation.
What have I done well for this trade?
In that case hard stop save me a loosing money.
What can I take away to help with later trades?
That moving stop is not a bed idea, but shoud be move accorditng to topology.
Zero-x
[NM]Bull and Bear Power trade signal - thanks to [RS]The base code for this indicator was created by RicardoSantos and can be found here :
What I added is a signal line that indicates when to buy and when to sell.
Advised use :
Combine with a zero-lag indicator like ZeroLagEMA_LB by LazyBear (suggested period = 34)
Then use the following Rules of engagement :
Current price > ZLEMA & Signal line of BBP_NM is green : BUY
Current price < ZLEMA & Signal line of BBP_NM is red : SELL
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