As title, I trade using Trendline, Channel, Chart Pattern, Candlestick and those Price Action stuff.
I wish to know how other trades on Breakout of Trendline, Bouncing in Channel, Doji + Reversal confirmation candles, H&S, Bear Flag and so on.
Where is the most best price for Stoploss, how to manage trades.
The best is some one could set it together with chart so that we could understand better.
Example :
When breakout of Trendline in H1 chart occurs, we should get into the market at when?
(i) Once it breaks, enter trade without wait for candle close
(ii) Wait for candle close only enter trade
(iii) Wait for the Trendline retest only enter trade
How to trade when a trendline HOLD?
(i) Wait for breakout
(ii) If hold, then you enter trades, but how you know it gonna hold? So it is on your risk, manage your trade wisely.
How to trade channel?
(i) Place sell limit order at TOP of channel, TP at bottom of channel, and cut loss once channel breakout. Vica versa
(ii) Wait for channel breakout
How to trade an DOJI + reversal confirmation candle?
(i) Short directly when we see reversal confirmation candle, set SL a few pips at the high / low of DOJI.
(ii) Drag a FIBO at the confirmation candle. And set your sell/buy limit order.
Juz anyone could make all this clearer? I know everyone have own trading method. But I juz wanna know what goes wrong on my trades. I paying enough attention and patient. But I either miss the boat, or I either enter on wrong place/time.
I wish to know how other trades on Breakout of Trendline, Bouncing in Channel, Doji + Reversal confirmation candles, H&S, Bear Flag and so on.
Where is the most best price for Stoploss, how to manage trades.
The best is some one could set it together with chart so that we could understand better.
Example :
When breakout of Trendline in H1 chart occurs, we should get into the market at when?
(i) Once it breaks, enter trade without wait for candle close
(ii) Wait for candle close only enter trade
(iii) Wait for the Trendline retest only enter trade
How to trade when a trendline HOLD?
(i) Wait for breakout
(ii) If hold, then you enter trades, but how you know it gonna hold? So it is on your risk, manage your trade wisely.
How to trade channel?
(i) Place sell limit order at TOP of channel, TP at bottom of channel, and cut loss once channel breakout. Vica versa
(ii) Wait for channel breakout
How to trade an DOJI + reversal confirmation candle?
(i) Short directly when we see reversal confirmation candle, set SL a few pips at the high / low of DOJI.
(ii) Drag a FIBO at the confirmation candle. And set your sell/buy limit order.
Juz anyone could make all this clearer? I know everyone have own trading method. But I juz wanna know what goes wrong on my trades. I paying enough attention and patient. But I either miss the boat, or I either enter on wrong place/time.