๐
ถ๐
ท๐
พ๐๐ _ ๐๐๐
ฐ๐
ณ๐
ด๐ _ ๐๐
ฐ ๐BONUS TIPS๐
๐Cable moved exactly as we predicted๐ I'm hoping everyone did very well๐ต๐ต๐ต๐๐ต๐ต๐ต and banked a lot of pips this last day of the year 2020
๐What Next Now ? ๐
๐ Just validate this pattern then ride with the rest.
๐
ถ๐
ท๐
พ๐๐ _ ๐๐๐
ฐ๐
ณ๐
ด๐ _ ๐๐
ฐ ๐BONUS TIPS๐
๐Trading Cable is very easy once you know where Cable is going and for how long๐ All you have to do is jump in at the end of the correction , take your emotion out of the market then let your winners run ๐ต๐ต๐ต๐๐ต๐ต๐ต ๐Remember that Cable has a tendency of moving in an (A-B-C-D Pattern) usually spotted in smaller time frames.
๐Once you spotted ( A and B ) make sure you jump in at the end of ( C ) then Take your profit at ( D ) ๐ต๐ต๐ต๐๐ต๐ต๐ต very easy as it says " A-B-C-D"
๐The only reason I shared this very productive knowledge it's because I believe that Forex knowledge is FREE and should not be sold for profit๐ if you're following me or just reading this post idea I'm hoping you'll do the same to your followers๐๐ Make money trading Forex and not selling FREE knowledge to less privileged people.
๐God๐ will bless you more than you expected, if you share Forex knowledge for FREE and stop being SELLFISH ๐๐ง
๐
ถ๐
ท๐
พ๐๐ _ ๐๐๐
ฐ๐
ณ๐
ด๐ _ ๐๐
ฐ ๐BONUS TIPS๐
If you did not do very well this year 2020 , I'm hoping you will do better as from tomorrow , new year 2021๐ต๐ต๐ต๐๐ต๐ต๐ต
๐ Only enter trades when price is at a support (demand) or resistance (supply) level, no matter what time of the day or night.
๐ Two types of entries : Breakouts and first pullbacks
๐ Each day , identify one demand and supply level using a larger intra-day time frame. Always know where the market is in the larger picture with regard to supply and demand.
๐ Only trade opportunities that offer at least a 3:1 profit zone to the first target.
๐ Don't get fooled by : News , Lagging indicators, Subjective information.
๐ Remember , any and all influences on price are reflected in price... Price is all we need.
๐
ถ๐
ท๐
พ๐๐ _ ๐๐๐
ฐ๐
ณ๐
ด๐ _ ๐๐
ฐ ๐BONUS TIPS๐
๐ The only two types of entries you will ever need.
๐The first Pullback entry is the lower risk/higher reward entry though many people are not comfortable with it. Most will use breakout entries which are fine when executed properly.
๐What determines whether each entry will work or not are two things. We will use demand as an example in this case as both examples here are moves from the demand.
๐First, the demand area must be a fresh demand level meaning that price has not revisited the level.
๐Second, the profit zone (profit margin) must be significant as seen in the chart above. In other words , there must be room for price to move after you enter.
๐I will do and share a more in depth examples of how to spot good Supply and Demand area in the near future๐
Thank you for following my ideas and with your likes๐you provided to appreciate my ideas...๐
๐Please, make sure you validate this pattern before jumping in๐
๐I wish you all the best ๐ต๐ต๐ต๐๐ต๐ต๐ตand productive new year (2021)