So basically the strategy is: Buy if previous session close is above the previous two session closes. Sell if previous session close is below the previous two session closes. The only adjustments I would make (in case of a Sell) is that the previous ...

Daily Chart 3-Candle

1. I'm against using a SL unless you've become very skilled. The TP is OK to move but only if it's to take less profit, not more profit. 2. Take what you can get, when you can get it. 3. If you have a clear strategy then you should be sticking to it ...

I can't get rid of my bad trading habits...

I wouldn't use a stop loss at all, unless you are skilled enough to know where the professionals are putting their pending orders and which areas to avoid.

forex tip - Don't use a fixed stoploss brokers can target

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What kind of music you hear while you trade?

Price direction is predictable once you understand the structure. Understanding the structure is not easy, but it's doable through many years of trial, error, and even by accident. image

Is price direction predictable?