How to Trade with Lo
Counter Trend Trade
S.E.e checklist for
GBPUSD
S: Structure ->
-----a- Trend on the 4 hour chart -> DOWN
-----b- Action Area -> Green Zone
E: Entry Reasons ->
-----a- Double Bottom
-----b- RSI Divergence
-----c- Stop Hunt
-----d- Candlestick formation/patterns
e: execution (60min or 15min):
-----a- waiting with 1R:R
-----b- waiting with 2R:R
Watch The News Too and RISK SMALL.
Counter Trend Trade
S.E.e checklist for
GBPUSDS: Structure ->
-----a- Trend on the 4 hour chart -> DOWN
-----b- Action Area -> Green Zone
E: Entry Reasons ->
-----a- Double Bottom
-----b- RSI Divergence
-----c- Stop Hunt
-----d- Candlestick formation/patterns
e: execution (60min or 15min):
-----a- waiting with 1R:R
-----b- waiting with 2R:R
Watch The News Too and RISK SMALL.
Order cancelled
did not give me good entry
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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.