August 26, 2016

Trading Tricks Templates


Make these kind of templates and stick them up near your desktop computer or maybe on a wall where you will see them everyday.
At market bottoms look for bullish candles and at market tops look for bearish candles. A good BOF generally follows this.

After the open the market goes in a TTR and suddenly breaks out violently leaving you without a trade. In such cases, you can place buy stop or sell stop order and thus you will not miss a trade.

The one below will help beginners who have just started trading decision point method. A pair of 8x21 ema's can do a fantastic job of picking up good trades. The advantage is that it eliminates the thinking process a bit and becomes kind of "auto" - once all the conditions are satisfied, go and make the kill.

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