Let's play M15 Chart...

Please just present your ideas how we can trade this chart...

Komentarz:

If you have an idea, attach your chart with comments please

Komentarz:

Q1: Are we bullish, bearish or neither?

Komentarz:

and why...

Komentarz:

@Imprimus is saying that he is bullish and that he wants to buy at KS.
So next , we need his stop and his TP

Any other ideas?

Komentarz:

@imprimus
can you please repost your last comment

Komentarz:

Would anyone be willing to go short, why and how?

Komentarz:

no one wants to short?

Komentarz:

First .. I'm very impressed with ll your answers and how fast you could give them

Komentarz:

Second, All trades are made up of specific elements:
1. Deciding on the current direction (follow KS)
2. Deciding on the entry zone
3. Deciding on the entry signal
4. Deciding on the lot allocation
5. Deciding how to liquidate the position with a loss or with a profit

So always have those by your side as a checklist so you will not enter a trade without doing them

Komentarz:

Third... ALWAYS FOLLOW KS
LET IT BE YOUR GUIDE

So never think short until KS says short
Just forget that there is a short in existence until KS says short

Komentarz:

Fourth .. We as trend traders differ from other traders in that we follow the trend and we never second guess it. So we never say that a trend will switch direction unless it actually does.

I see my job as just finding the best trade within the status quo. So don't trouble yourself with the trend being finished. when it finishes it will kick you out and then you can go the other way

Komentarz:

Again, Nice work
and please feel free to like my charts and the comments
Good luck

Zlecenie zamknięto ręcznie