Hi,
i am in the processes of building my trading plan and finding it really processes to find a easy to trade, easy to explain and easy to stick to trade set up for a ver new trader. i was hoping someone could point me in the right direction and give me some ideas.
i have attached a copy of the instructions so you can see what im talking about.
Thank you
J
Can you add any PDF file? It’s difficult to read (you used very small font).
Where do fundamentals (how 80% of professionals trade) come into the picture?
Already done the funamentals section
Awesome! What’s your approach?
before any trading.
Check the economic calenders,bloomberg, reuters ect. keep an eye on non farm payroll, consumer price index, industrial production, inerest rates anything of high importance in the calenders,political events etc. Like i said im just starting out and finding it all a little overwhelming really really stuck on this trade plan/setup.
That’s scalping… Using this method is abit danger. As when the cross over start, the price hv gone somewhere else… Cos indicator work on history price. If u lucky, able to gane few pips. But if unlucky, price turn against u before u win any pips. U have to act before the line crossover to win a confirm pips. Tat is price action itself.
