NAS100
I will try to trade indices as well but for my account it is too small. The only indices I can trade at the moment is SPX500.
What I trade:
GBPJPY
NOTE: This is just back testing.
Key stuff I look for when getting into a trade:
- Market structure // Retesting or Breaking
- Respectable support and resistance
And just as simple as where is the trend going, If it is a up trend trade it like one (BUY), If it is in a down trend trade it like one (SELL)
Flow with the market not against and think like the banks.
THIS IS IMPORTANT:
What would new traders do?
- Answer: they will just buy and sell if they see the market move down or up fast. Then they get stop out or they pull out cause they think the market will go against them.
Key to success go against the new traders and act like the bank. Trade different not like them.
What I trade:
GBPJPY
NOTE: This is just back testing.
Key stuff I look for when getting into a trade:
- Market structure // Retesting or Breaking
- Respectable support and resistance
And just as simple as where is the trend going, If it is a up trend trade it like one (BUY), If it is in a down trend trade it like one (SELL)
Flow with the market not against and think like the banks.
THIS IS IMPORTANT:
What would new traders do?
- Answer: they will just buy and sell if they see the market move down or up fast. Then they get stop out or they pull out cause they think the market will go against them.
Key to success go against the new traders and act like the bank. Trade different not like them.
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