Did you miss PEPE ?
Do you have big time FOMO?
well heres your chance to get in . you can put your "buy the dip" t-shirt on
and trade the Daily Higher low. ( D HL)
Or even better go have a drink, chill out and wait for W consolidation. But if you are eager then try H OS down to the D ema12 for a D HL.
You can get in starting at Houry oversold or wait for the D Ema 12 to catch up.
But sometimes Tickers that ran hard go straight to 4h OS after extended moves ! So have a plan for that scenario too.
Are you feeling tired now, or stupid ?Well you´re supposed to.
Wallstreet loves to make it confusing so that it seems only they can do what they can do !
( what movie is this line from ? 1st to post it gets a 1/2 hours free personal lesson )
some free wisdom:
Masters of trading don´t have loads of indicators. They can trade naked price charts with maybe 1 or 2 indicators.
I use Price, Volume, Ema12 ( 26) and RSI. Sometime I experiment with some Auction Theory stuff like Volume profiles and I use FIBS and RSI 50 levels indicator to plan a trade. But I don´t really need it.
Honestly if you can´t make money consistently trading priceaction, then you probably should be papertrading until you can.
There are no magic indicators . There is just Indicator overload!
They just give you analysis paralysis !
Trade hard and trade quickly. Noone needs to analyse a ticker for more than 5 minutes to decide on a trade!
And dont believe anybody who says their system is the only system. Man I have heard them all .
Just try learning and trading Priceaction 1st.T
TIPP: I have 4 timeframes open . try that . thats worth more than any indicator out there.It teaches you about fractals.
Keep a clean chart.
Chris Chartman
Do you have big time FOMO?
well heres your chance to get in . you can put your "buy the dip" t-shirt on
and trade the Daily Higher low. ( D HL)
Or even better go have a drink, chill out and wait for W consolidation. But if you are eager then try H OS down to the D ema12 for a D HL.
You can get in starting at Houry oversold or wait for the D Ema 12 to catch up.
But sometimes Tickers that ran hard go straight to 4h OS after extended moves ! So have a plan for that scenario too.
Are you feeling tired now, or stupid ?Well you´re supposed to.
Wallstreet loves to make it confusing so that it seems only they can do what they can do !
( what movie is this line from ? 1st to post it gets a 1/2 hours free personal lesson )
some free wisdom:
Masters of trading don´t have loads of indicators. They can trade naked price charts with maybe 1 or 2 indicators.
I use Price, Volume, Ema12 ( 26) and RSI. Sometime I experiment with some Auction Theory stuff like Volume profiles and I use FIBS and RSI 50 levels indicator to plan a trade. But I don´t really need it.
Honestly if you can´t make money consistently trading priceaction, then you probably should be papertrading until you can.
There are no magic indicators . There is just Indicator overload!
They just give you analysis paralysis !
Trade hard and trade quickly. Noone needs to analyse a ticker for more than 5 minutes to decide on a trade!
And dont believe anybody who says their system is the only system. Man I have heard them all .
Just try learning and trading Priceaction 1st.T
TIPP: I have 4 timeframes open . try that . thats worth more than any indicator out there.It teaches you about fractals.
Keep a clean chart.
Chris Chartman
Note
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.