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Greetings!
Today we made one more step down. Good sign:)
Recharging on indicators, now we are going to local resistance i guess, then down one more time. Seems like good time for intraday, but my observations says that it`s not the best idea to play against the movement. So you you want to take long until the local resistance make sure you did low risk stoploss. (max 2% from dep or lower)
For the case im reading Alexandr Elder: Trading for a living. By "for the case" i mean that i try to fill the spaces in my knowledge, because i was studying with the help of google and i had no system in information. This book has it, so for the newbees it can be quite usefull, but you should know some basic trading terms. As for me: i read half of the book and i didnt find much new info. But i think, that when you reading and watching for the charts of pro traders is usefull, because you have a chance to see something, that pro didnt see and you can create something new, because it is easier to modernize the existing, than invent something from the very begining.
So, good mood for everyone. Thank you for attention.
Till tommorow:)
P.s: Tommorow i will write some educational post i think.
Today we made one more step down. Good sign:)
Recharging on indicators, now we are going to local resistance i guess, then down one more time. Seems like good time for intraday, but my observations says that it`s not the best idea to play against the movement. So you you want to take long until the local resistance make sure you did low risk stoploss. (max 2% from dep or lower)
For the case im reading Alexandr Elder: Trading for a living. By "for the case" i mean that i try to fill the spaces in my knowledge, because i was studying with the help of google and i had no system in information. This book has it, so for the newbees it can be quite usefull, but you should know some basic trading terms. As for me: i read half of the book and i didnt find much new info. But i think, that when you reading and watching for the charts of pro traders is usefull, because you have a chance to see something, that pro didnt see and you can create something new, because it is easier to modernize the existing, than invent something from the very begining.
So, good mood for everyone. Thank you for attention.
Till tommorow:)
P.s: Tommorow i will write some educational post i think.
Ghi chú
Local resistance is broken with good volume, quite bad sign. one more bad sign - similarity to 5-th eliot wave.anyway, wait until graphic works near global resistance zone. we have chances to make a recharge and go down again, but we`ll see it tommorow. sorry about educational topic i wanted to post yesterday. tomorrow i surely will make one. and i guess i`ll make more of them, they will contain usefull information about process of trading, necessity of using different instruments, in common: different type of info for trader of any level. See you soon
Ghi chú
Ghi chú
nothing connected with real chart, just testing how the tradingview interface wortks:))
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