Daily Trend is up above 5700(SAR)
Weekly remain bullish above 5632
Trailing Stop loss for SAR 5652
Bearish Engulfing Pattern @5932
Raising window support 5460,5688
Weekly Indicator is bullish and Daily Indicator has given bearish signal in OB .
Support are 5210-5315-5350-5410-5448-5487-5515-5550-5606-5606-5630-5675-5720-5748-5840
Resistances are 5920-5970-5985-6080-6113-6150- 6187-6230-6284
Low of the Hammer are still protected 5254 and 5118 on weekly basis.
78.6% of the last major fall 5882 need to crossed for trend to turn completely bullish.
TO ACHIEVE CONSISTENCY , I SHOULD
1.Be able to identify an edge (trading method)
2.Have a trading plan on how to utilize the edge
Risk Parameter , Money Management (Position Size), Profit Objectives
3.Able to execute the edge without making trading Error
4.Think in probabilities
5.Making a mental shift from trade to trade perspective to series of trade perspective
6.Believing that you don't have to know what is going to happen next on trade by trade to win or make money.
7.Develop the ability to recognize you have crossed the threshold from normal self confidence to the state of euphoria.
No comments:
Post a Comment