I aim to determine the nature of a price break.
I take any valid stable break that comes along.
I know that the context, pace and harmony of a market are essential.
I know that double zero and fifty levels are price magnets.
Obstructive elements between entry and stop are good.
Obstructive elements between entry and target are bad.
With a tight stop, my entries are from near or on the 25 ema.
I avoid false and tease break traps through proper squeeze setups.
I enter with the trend.
My entries take advantage of ‘double’ pressure price levels.
A signal bar is highly desirable, a break of which is my entry.
I monitor the financial news, but I do not trade their effect.
I take scalps at significant resistance, technical or reversal points.
For everything else, I swing my trades.
I spot my bets rather than find them.
Finally, I know that the open trade or the ‘live’ bet is only one of many.