how we must draw our chart ? secret of stable ,low risk , long term win
1- frist go to daily chart , draw only vety important supports +trendlines + fibo ok?
then come to 4hour again draw them (dont draw all , only draw lines ,pro, other can see them)
then comes to 60min then 15min
2- on gold add SMA200 too and AC indicator (( in index like dow,dax EMA200 is king) most important time on gold is 1h+daily (4hour too) for example AC 1hour or AC daily
now you have pro traders chart (they see that)
3- 100% change your levrage to 1-10 max 1-20 ( trade with very very low ,fix size)
4- 90% looking for buy in gold (this not for forex) , wait OK comes (OK = pinbar comes on 1h or 4h or daily or in 15min chart , price break last trendline to up ) then pick buy , put SL in last low (4h chart) then wait avrage 3 day , after 10.00 profit , move SL to open price , let it go upper ( your tp must be above 3*SL)
5- in your platform , hide orders profit/loss window ,,,, inter ,exit only by chart not by orders profit ,understand?
6- understand in trade profit not NO1 , in trade NO1 is low risk =low levrage ,low size ,dont remove sl , wait more on + in profit posations)
in one month if you eat 50SL , 30TP (are big) you are big winner , risk ,loss ,margincall is near 0%
wish you win , until you cant turn 1000$ to 2000$ in demo with fix 0.01 lot and dont touch SL !!!! dont come to real account, you will loss all
1- frist go to daily chart , draw only vety important supports +trendlines + fibo ok?
then come to 4hour again draw them (dont draw all , only draw lines ,pro, other can see them)
then comes to 60min then 15min
2- on gold add SMA200 too and AC indicator (( in index like dow,dax EMA200 is king) most important time on gold is 1h+daily (4hour too) for example AC 1hour or AC daily
now you have pro traders chart (they see that)
3- 100% change your levrage to 1-10 max 1-20 ( trade with very very low ,fix size)
4- 90% looking for buy in gold (this not for forex) , wait OK comes (OK = pinbar comes on 1h or 4h or daily or in 15min chart , price break last trendline to up ) then pick buy , put SL in last low (4h chart) then wait avrage 3 day , after 10.00 profit , move SL to open price , let it go upper ( your tp must be above 3*SL)
5- in your platform , hide orders profit/loss window ,,,, inter ,exit only by chart not by orders profit ,understand?
6- understand in trade profit not NO1 , in trade NO1 is low risk =low levrage ,low size ,dont remove sl , wait more on + in profit posations)
in one month if you eat 50SL , 30TP (are big) you are big winner , risk ,loss ,margincall is near 0%
wish you win , until you cant turn 1000$ to 2000$ in demo with fix 0.01 lot and dont touch SL !!!! dont come to real account, you will loss all