Team Facebook's posting is for the benefit of every traders. The trader who is working on that piece of ART (chart) should know extremely well, what he/she need to prepare and where to hunt for the perfect trades or to stay out. Fellow traders can also make use of that piece of homework that is produced by his/her team-mates to do the same preparation. On Tuesday, Jan 22, 2019, fellow trader "MJ" who report work in Sniper workshop has done his homework on SiMSCI, and posted it on Facebook. He stated clear on his posting, watch for 161 for NX (A full size trade zone) On the very next day, price traded down to sniper killing zone. How many SiMSCI hybrid traders are at that area for that BIG FA
Professional athletes and professional traders have 2 things in common: #1 -- practice of the processes and concepts that will bring them closer to their goal. #2 -- Discipline and focus on the task until total mastery of the skill. Lesson for this month -- River (SkyLand) Waves SkyLand == Use it to determine direction of the market (in any time-frame) Entries == Waves with Season Candlesticks signal Money Management -- Position sizing remain constant throughout (in this chart example, I will be using 3 standard lots) The above chart is an example trading in Asia trading zone. As you can see from the chart, price is trading below "Yellow River", a trader need to do now is to look for short s
From Asia opening, price are below yellow river, price has also close below Asia BBT. Both trend direction indicators point downwards. So now we know the “trend direction”! For Entries opportunities, use Waves (moving averages are good indicators when market trends)
