Start date: 27 June 2019
30 days day trading project. Day number #1 27 June 2019
Step 1
Look at 50 and 100 days simple moving average on weekly chart, if price is lower then cross over point, we will short. If price higher then cross over point we will long.
Step 2
Look at 5min chart with ATR 288
Step 3
Look at graph everyday at 12midnight
Step 4
Add ATR to 12midnight opening price if we are going long. Subtract atr to 12midnight price if we going short.
This will be your entry price.
Wait for 24 hours, if price not triggered, please cancel order.
Step 5
Cancel order if trade did not take place the next day.
Step 6
Repeat step 1 on 12mn
To know when to take profit please keep track of my aussie idea
Current price during analysis
0.69898 at 12mn
27 Jun 2019
short when price hit 0.7098
by 27 June 2019
+8 GMT
If price does not hit 0.7098 by 28 Jun 2019 12mn, position will be cancelled.
30 days day trading project. Day number #1 27 June 2019
Step 1
Look at 50 and 100 days simple moving average on weekly chart, if price is lower then cross over point, we will short. If price higher then cross over point we will long.
Step 2
Look at 5min chart with ATR 288
Step 3
Look at graph everyday at 12midnight
Step 4
Add ATR to 12midnight opening price if we are going long. Subtract atr to 12midnight price if we going short.
This will be your entry price.
Wait for 24 hours, if price not triggered, please cancel order.
Step 5
Cancel order if trade did not take place the next day.
Step 6
Repeat step 1 on 12mn
To know when to take profit please keep track of my aussie idea
Current price during analysis
0.69898 at 12mn
27 Jun 2019
short when price hit 0.7098
by 27 June 2019
+8 GMT
If price does not hit 0.7098 by 28 Jun 2019 12mn, position will be cancelled.
