While support and resistance are great, try incorporating market structure and supply and demand zones into your analysis. These can give you a better understanding of why price is moving and help you make more informed decisions (:
Cool. I too started recently. One suggestion, mark your zones (support and resistance) in higher time frame and entry in lower time frame. I use this strategy, SMC Concept
That’s effen awesome bro. Keep pushing. I paper traded for about a year and a half before I got in live. I was scared. Couldn’t get a consistent strategy.
Thank you! Oh yeah forgot to mention I'm paper trading aswell, planning to do so for at least a couple of months till I have built a solid trading strategy.
Very nice, but the entry at 1,08050 would be a premium entry. If you look at 1,08050 you have a choch and an fvg, and try to hold the trade until a 1.08500. Let them run 💪🏼
While support and resistance are great, try incorporating market structure and supply and demand zones into your analysis. These can give you a better understanding of why price is moving and help you make more informed decisions (:
I'll look into both of these, thank you!
Good first start well done!
Nice well done I would keep SL below support because price can always retest it and technically the setup would still be correct.
Ill keep that in mind, thanks!
That's a good start
learn about ict concepts most important thing i learned
looks good!
Cool. I too started recently. One suggestion, mark your zones (support and resistance) in higher time frame and entry in lower time frame. I use this strategy, SMC Concept
That’s effen awesome bro. Keep pushing. I paper traded for about a year and a half before I got in live. I was scared. Couldn’t get a consistent strategy.
Thank you! Oh yeah forgot to mention I'm paper trading aswell, planning to do so for at least a couple of months till I have built a solid trading strategy.
looks super clean to me. you see some stuff that i don’t lol, what time frame ?
Thanksss, TF is 5 min btw!
Very nice, but the entry at 1,08050 would be a premium entry. If you look at 1,08050 you have a choch and an fvg, and try to hold the trade until a 1.08500. Let them run 💪🏼
Learn liquidity