After my two years of full time trading I noticed some point that I want to share with you .
1- the higher the time frame , the less false breakout .
2- it’s really uncertain to base your analysis on inter market relationship .
3- except from interest rate ; CPI m/m ; and NFP . All other economic calendar news are quite irrelevant .
4- using different times frame to take a trade will avoid you to make many mistakes.
5- Puting alertes on your chart is a real cheat code . It allow you to take a trade when there is a trade to take .
6- using support / resistances or trend lines ? Use BOTH
7- technical analysis or fundamental analysis ? Well fundamental analysis is not only knowing how to read economic news , It also requires a trailer to know what investor would think about the news. For example it might be a good news but if investors think it’s not a good news then the price we go down.
I hope you are having a wonderful day. See you
Luyuan
1- the higher the time frame , the less false breakout .
2- it’s really uncertain to base your analysis on inter market relationship .
3- except from interest rate ; CPI m/m ; and NFP . All other economic calendar news are quite irrelevant .
4- using different times frame to take a trade will avoid you to make many mistakes.
5- Puting alertes on your chart is a real cheat code . It allow you to take a trade when there is a trade to take .
6- using support / resistances or trend lines ? Use BOTH
7- technical analysis or fundamental analysis ? Well fundamental analysis is not only knowing how to read economic news , It also requires a trailer to know what investor would think about the news. For example it might be a good news but if investors think it’s not a good news then the price we go down.
I hope you are having a wonderful day. See you
Luyuan