We have lift-off! 🚀✨ The question now is how far will this move go and for how long will it last. Time and price. ⏳💲 The daily and weekly R3 just above
84
is the price. The candle close is the time. When they align, magic happens. 🍄🤩
Patience is the name of the game. Trading is a game of waiting. Waiting for the setup to form and waiting for the trade to play out. Sometimes the best thing a trader can do to overcome the urge to trade is to sit on your hands and/or walk away. I like to trade around the close of significant time frames, session openings and closings, and news. If I'm using the 4h close there are only 6 candles in a day and only a few of those meet my trading criteria. This limits my trading and helps protect me from myself. We all have our demons. By trading less, I protect myself and allow myself to maximize my gains by giving the trade a little extra time to play out.
Remember, keep your risk low and manage your trades.
Plan. Execute. Next.
Trade Less. Make More.
Patience is the name of the game. Trading is a game of waiting. Waiting for the setup to form and waiting for the trade to play out. Sometimes the best thing a trader can do to overcome the urge to trade is to sit on your hands and/or walk away. I like to trade around the close of significant time frames, session openings and closings, and news. If I'm using the 4h close there are only 6 candles in a day and only a few of those meet my trading criteria. This limits my trading and helps protect me from myself. We all have our demons. By trading less, I protect myself and allow myself to maximize my gains by giving the trade a little extra time to play out.
Remember, keep your risk low and manage your trades.
Plan. Execute. Next.
Trade Less. Make More.