Tuesday, July 12, 2016

what i watched today: High probability trading setups (12 JULY 2016)


this is similar to my own: 

my five steps: 

1. trend - i dont look at the 200 moving average ... i just look at the macd (im a short term trend follower) ...

2. areas of value - area below the 0 - horizontal of the macd histogram

3. entry trigger - when the macd histogram starts pointing up

4. set stop loss - the first support below the area of value

5. exit the trade - when the price hits my stop loss price