Trade Yes or No?
I would like to use this thread to have my trades evaluated, as unfortunately I have had very little success with them so far.
This is my first rade:
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I would like to use this thread to have my trades evaluated, as unfortunately I have had very little success with them so far.
This is my first rade:
Study the rules. This trade is not qualified.
No trades above MFib100 and below -100.
Not near a supply/demand zone.
10 TRADE RULES
https://www.currencystrength28.com/forum/trading-strategies/10-trade-rules
Explanation:
The trade in question does not meet the criteria for a qualified trade according to the 10 TRADE RULES. The EUR CS is above MFib100, and price is near supply. (Additionally you can see price turned exactly at the point from higher timeframe suppy zone!). Therefore, it is not a qualified trade.
Additional notes:
It is important to follow the rules of any trading strategy that you use.
Deviating from the rules can lead to poor trading decisions and losses.
I hope this is helpful! Let me know if you have any other questions.