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FRxSTYFRxSTY
Joined
Jun 17, 2023
Connections:
0
Experience:
3-5 years
Location:
United States
Profile
Bio
Trading Style:
I utilize a Top Down Analysis approach to develop both a Primary and Secondary Bias.
My analysis spans from the 1-hour to 1-day charts for the Primary Bias, and the 1-minute to 5-minute charts for the Secondary Bias.
** I wait for alignment between these biases before opening positions.**
Key Techniques:
Psychological Levels & Obvious Support/Resistance: I focus on key psychological levels and clear support and resistance levels.
Monthly & Daily Levels: I mark up previous monthly levels and pay close attention to the previous day's open and close levels.
Moving Averages: I primarily use the 20 and 200 period moving averages to gauge market trends.
Smart Money Market Structure: I incorporate smart money market structure techniques for plotting relevant market clues.
Fibonacci Retracements: I use Fibonacci retracements on single candles on the 30-minute timeframe when in an active position, sometimes closing positions if retracements are too deep.
My strategy is rooted in detailed analysis and strategic alignment, aiming to maximize opportunities while managing risk effectively.
I utilize a Top Down Analysis approach to develop both a Primary and Secondary Bias.
My analysis spans from the 1-hour to 1-day charts for the Primary Bias, and the 1-minute to 5-minute charts for the Secondary Bias.
** I wait for alignment between these biases before opening positions.**
Key Techniques:
Psychological Levels & Obvious Support/Resistance: I focus on key psychological levels and clear support and resistance levels.
Monthly & Daily Levels: I mark up previous monthly levels and pay close attention to the previous day's open and close levels.
Moving Averages: I primarily use the 20 and 200 period moving averages to gauge market trends.
Smart Money Market Structure: I incorporate smart money market structure techniques for plotting relevant market clues.
Fibonacci Retracements: I use Fibonacci retracements on single candles on the 30-minute timeframe when in an active position, sometimes closing positions if retracements are too deep.
My strategy is rooted in detailed analysis and strategic alignment, aiming to maximize opportunities while managing risk effectively.
Motto
You cannot control how much you make but you can control how much you lose.
