Piggybacking on finding the flow
I feel talkative today so I want to piggyback on the last example I shared. If there are two pieces of advice that I could offer to others with regards to trading it would be:
1. Only trade NY
2. Use correlation to find the strongest/weakest flows
Look at the chart and you will see all the major GBP crosses. Look a at the yellow and pink lines both the solid and dotted. What might you be able to gather looking at the structures and placement of price in relation to the yellow and pink moving averages. To clear up any confusion, the dotted lines are a longer timeframe and the solid are shorter ones. The answer you are most likely searching for is staring you right back in the face. It is up to us to identify, decode, make a plan, and execute with no hesitation when the time comes. This applies to entering and exiting trades for both a profit and a loss.
1. Only trade NY
2. Use correlation to find the strongest/weakest flows
Look at the chart and you will see all the major GBP crosses. Look a at the yellow and pink lines both the solid and dotted. What might you be able to gather looking at the structures and placement of price in relation to the yellow and pink moving averages. To clear up any confusion, the dotted lines are a longer timeframe and the solid are shorter ones. The answer you are most likely searching for is staring you right back in the face. It is up to us to identify, decode, make a plan, and execute with no hesitation when the time comes. This applies to entering and exiting trades for both a profit and a loss.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。