If you are a scalper trader or day trader you need to know always:
What pair are you trading (ADR, day of week, etc...)
What price is right now
What session(s) is open/closed now- start of session, middle or end
What is time- lunch in Tokyo, London or NY.
Smart Money- Where is the money- right now?
From example one hour chart of Friday (what do you see?)
You need to know support or resistance areas (bearish or bullish order blocks)
When price action could breakout or reverse from a manipulation phase- anticipation and catching these moves are early will give your set ups less risk and lower stop loss, especially if you scalp or day trade.
What pair are you trading (ADR, day of week, etc...)
What price is right now
What session(s) is open/closed now- start of session, middle or end
What is time- lunch in Tokyo, London or NY.
Smart Money- Where is the money- right now?
From example one hour chart of Friday (what do you see?)
You need to know support or resistance areas (bearish or bullish order blocks)
When price action could breakout or reverse from a manipulation phase- anticipation and catching these moves are early will give your set ups less risk and lower stop loss, especially if you scalp or day trade.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.