I can't find a good entry point!
May 05, 2020 at 13:34
1,922 Views
16 Replies
May 05, 2020 at 13:34
(edited May 05, 2020 at 13:34)
Hi
So I have this strategy if you can call it now but I can't find good entry point I know the price will hit the target but sometime it take too long and when I get the signal it just doesn't tell when?
Is any real time analyse that work somehow combined with other tool?
thanks
So I have this strategy if you can call it now but I can't find good entry point I know the price will hit the target but sometime it take too long and when I get the signal it just doesn't tell when?
Is any real time analyse that work somehow combined with other tool?
thanks
FBC
Member Since Jan 06, 2020
83 posts
May 08, 2020 at 21:25
Sarchi1 posted:
Hi
So I have this strategy if you can call it now but I can't find good entry point I know the price will hit the target but sometime it take too long and when I get the signal it just doesn't tell when?
Is any real time analyse that work somehow combined with other tool?
thanks
Can you explain more about what you mean by you can't find and entry point? If you have a strategy you should have a good entry point and exit
Market Direction
Member Since May 04, 2020
2 posts
May 14, 2020 at 09:07
Sarchi1 posted:
Hi
So I have this strategy if you can call it now but I can't find good entry point I know the price will hit the target but sometime it take too long and when I get the signal it just doesn't tell when?
Is any real time analyse that work somehow combined with other tool?
thanks
Try learning volume spread analysis. In trends smart money always test ( looking for buy interest in down trends or sell interest in up trends). There are bar / volume relationships that show this.
malcolmbjandp1967@
Member Since Jul 20, 2019
373 posts
May 23, 2020 at 13:28
You mean good entry points for an EA or manual trading on your own?
If manually just watch some videos about how to find and trade huge trends and support/resistance zones. This could make your entry points more accurate while trading. Here are some pretty good videos you should watch: https://www.youtube.com/channel/UCt2MI2-rcd1f9qlw8LsSIFw/videos But keep in mind that those videos are just technical stuff not fundamental. During this crisis (which can stay until next year) also fundamentals are coming in very hard from time to time. Small news = big jumps = high volatility. Just keep that in mind while trying to get better on technicals at the moment.
And yeah, if you know how to setup an EA, this manual trading knowledge might also help a lot.
If manually just watch some videos about how to find and trade huge trends and support/resistance zones. This could make your entry points more accurate while trading. Here are some pretty good videos you should watch: https://www.youtube.com/channel/UCt2MI2-rcd1f9qlw8LsSIFw/videos But keep in mind that those videos are just technical stuff not fundamental. During this crisis (which can stay until next year) also fundamentals are coming in very hard from time to time. Small news = big jumps = high volatility. Just keep that in mind while trying to get better on technicals at the moment.
And yeah, if you know how to setup an EA, this manual trading knowledge might also help a lot.
patience is the key
Member Since Jan 06, 2020
83 posts
May 23, 2020 at 19:22
Have or develop a trading style and you will never have problem finding entry points
Market Direction
Member Since Jul 20, 2020
298 posts
Aug 18, 2020 at 00:07
I don't know what strategy you use but I would say you use sentimental analysis. How to make a profit if you can't suffer market sentiment. I have used many strategies but in the end, I like this strategy a lot. If your analysis is not good at trading, then it is not possible to make a profit. If you want to make a profit, your analysis will be good. And trading needs to be done patiently.
Member Since Oct 05, 2020
21 posts
Oct 14, 2020 at 04:41
Your plans and strategy will play a key role in this. You can keep looking at other patterns and then form a strategy. It will be good for you if you stick to your plan and work according to it. Good luck.
Oct 15, 2020 at 14:46
long term swing trader doesn't think about it.just follow the trend.......if you are long term trader you may have to wait for entry 1-3 month or more.but if you are a day trader you may develop your system so simple that loss doesn't affect your main balance fully.
Member Since Nov 10, 2020
23 posts
Nov 27, 2020 at 05:14
Moving averages and RSI are the best indicators that I have used so far. Which indicators did you use the most?
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