November 15, 2022 - Trading MACD Divergence in the EURUSD
The Goal - To make more money in less time
The Simple -
Having a trading strategy that repeats itself over and over again, in different markets and in difference time frames.
The Not Easy -
Taking action when your trading edge appears. It is a lack of confidence that can only be conquered by specific specialized training.
The Discussion -
The 15 minuted chart is on the left and the 2 hour chart in on the right. Between the 2 charts we have 4 different trading opportunities.
Notice, the 15 minute chart had 4 trading opportunities. The first opportunity would have been a small loss. The second opportunity would have been a small win. The third trading oppotunity was a larger win.
Notice the 2 hour chart had one winning trade for a large move.
Which time frame does your hectic life allow you to trade? Which time frame does your hectic life allow you to manage your trades? Trades are everywhere in all markets and all time frames. Which is the best time frame for you to trade? The time frame that fits your normal complicated life.
The Reminder -
Train yourself to recognize your trading edge as it is developing.
Recommended Reading
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