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Anticipation Strategy Anticipation Strategy refers to the traders forecast the final breakout direction of the market, early placement of positions, rather than wait until the obvious breakout signal. There is possible to ...
A profit target is a pre-determined price level where you will close the trade. Day traders should always know why and how they will get out of a trade. There are multiple ways to determine where to get out. 1...
Breakout Strategy Breakout Strategy refers to make a position when the price has obvious directional signals. Different from the Anticipation Strategy, the direction is confirm by combination of shape, trend line, channel and other indicat...
Minute chart trading method for day trading - Support & Resistance 1. Identify Support & Resistance The line connects with the two price reversal points called support line or resistance line. When the reversal turns to the d...
1. What To Focus On When Day Trading To excellent Day Trade you need live price charts, and also an economic calendar, which can cause large instantaneous price moves. But to a New Day Trader, all the information you need to trade is right...
Most investors focus on how to find or develop a good trading strategy to make profits, but ignore what should do first. What more important is the Risk Management. It is the foundation of your transaction. Only protect your assets well, you can arrang...