when youre backtesting a trading strategy you must put more of your focus and forecast on what is going to happen before it happens so that you know what youre looking for before you enter a trade its more like anticipating a trade and plan for it then trade
every professional trader let the market to come to him/her be4 they excute trades they know they know nothing about market they just anticipate trades and plan. they dont force things!
usdzar retesting the previous daily support at R14.38
usd is gaining strength over gold there for we are expecting a huge eflation in gold this days though it is in down trend
strong buying pressure on xauusd
these are 2 candles sticks that are powerfull and present a reversal in the market they signal a strong movement in the market
understanding the market is bit difficult actually we learn everyday we overcome market is our mentor
xauusd has finally broken the key level wich is resistance at 1860.xx we are patiently waiting for a pull backto touch the resistenza finale
NOTE;EVERYTHING IVE MENTIONED IS BASED ON TRADING METHODOLOGY AND IT IS EDUCATIONAL SO IVE DECIDED TO SHARE THIS VIDEO NOW BECAUSE I WANTED TO TELL YOU HOW POTENTIALLY IVE BECAMED AFTER READING TRADING BOOKS BEFORE ANY THING ESLE.
what comes in my mind after is see a break in ranging market when the market is still heading to the top this is called abreak and retest
WE ARE IDENTIFYING MULTI STRUCTURE AND ALSO TREND IN TRENDS WATCH CAREFULLY
do not just analyze charts then execute a trade wait for the market to show or tell you what to do
NOTE:NO VOICE RECORD DETECTED..........I JUST WANTED TO TEACH YOU HOW TO PREDICT PRICE MOVEMENTS BEFORE THEY TAKE PLACE
the best and fastest way to catch a trend watch this video until the end you will learn something more important about trading nas100 dm for proce action trading courses 0607293888
scalping trading strategy combined with risk management