My Current Thoughts Reading the Charts
Why Does No One Tell You This About Trading? It's important to note that trading any pattern carries risk and it's important to have a well-developed trading plan and risk management strategy. 1. WHAT YOU WANNA SEE: A. Trade idea #1: ABOVE SLOPE" MULTIPLE CHARTS BREAKING OUT AT THE SAME TIME AFTER A BIG PULLBACK ON THE INDICATOR The Beginning of a New Trend : AT LEAST 2 SIDE BY SIDE CHARTS CROSSING AND BEGINNING TO SLOPE IN THE SAME DIRECTION "ABOVE SLOPE that's a good time to be getting into a trade at the time of event A or the close of the candle THEN THIS IS WHEN THE PRICE IS ABOVE/CLIMING (MULTIPLE INDICATORS JUST CROSSING THE MACD POINTED IN THE SAME DIRECTION then take the trade, don't just stare at it or become afraid that you're in too late because it's gonna move as long as it includes the 4hr chart or 30min chart (the 3rd chart) but watch out for when the STOCHASTIC indicators bouncing along a macd that is going sideways in UNDER OR A...