Sentences with phrase «daily charts so»

I am now looking @ 4 hr & daily charts so I get more spare time & bigger profits.

You are much better off learning to trade the daily charts so that you can see what all the market movement resulted in each day, rather than trying to analyze and make sense out of each little tick of the lower time frames....

I trade in the direction of the trend on the daily chart so my biggest risks and losses come from big whips saw reversal days.

Not exact matches

So, let's drill down to the weekly charts of one ETF and two individual stocks that could soon be in play for Wagner Daily buy entry.

So, let's take a closer look at the daily chart patterns of the Nasdaq 100 Index ETF ($ QQQ) and S&P 500 SPDR ($ SPY), two popular ETF proxies for the broad market.

Otherwise the daily moving averages are a bit down in the weekly chart so they do not contribute with any support in the short term.

She established daily routines so her children would know what to expect, and she began using reward charts to recognize positive behaviors.

So a sample chart for him could be three things: Staying dry (easy), plus two more daily routine - type items that are a little more challenging for him.

You can send your potty training chart with your child daily so the daytime care provider can also reward potty training behaviors.

It will keep a record of your heart rate throughout the day and it will give you charts of your daily cardio activity so that you can know how healthy your heart is.

Create a chart and update it daily so that in the end you have a chart that looks like this Final Medal Standings chart.

To motivate students toward greater stamina, the teacher often charts students» reading minutes (and sometimes even seconds) so that they have a visual of their progress (see page 159 of the second edition of The Daily 5).

Hopefully, now you have a good idea as to why focusing on the daily chart and end - of - day trading strategies are so important.

Moving averages yeah i find them useless on lower time frames as well but on 4 hr and daily chart for long term trades they so far have worked.

thanks Nial... you continue to inspire and on this one discipline and patience on the daily chart being the battle ground... and so I aim to trade like a sniper

So while day traders will look at 4 hourly and daily charts, the swing trader will be more concerned with multi-day charts and candlestick patterns.

I have traded end - of - day strategies successfully for more than 12 years, so it's no surprise that my trading courses and tutorials are focused on end - of - day price action analysis and trading daily charts.

Before i was so obsessed with staring at the chart on 1 hour time frame but my first monthly profit on a $ 5000 account was $ 600, and it came when i traded a daily chart fakey on GBPJPY, leaving the trade for 4 days and my profit was hit.

There are so many opportunities on the 4 hour and daily charts that concentrating your mental energy on lower time frames is simply an inefficient and ineffective use of time.

you need a broker that has 5 daily price bars per week and combines Sunday with Monday, You see for the real world, Sunday is not a real trading day because it is in effect Monday in New Zealand when the markets open, so it makes no sense to have 6 bars on the chart for a market which is truly 5 days not 6.

So firstly, lets have a look at the zoomed out daily gold chart..

I'm so glad I took Nial's course as I now only take a maximum of 5 trades a month and trade of the daily chart.

In the chart image below, notice we had an existing up trend before the inside bar (s) pattern formed, and we typically like to trade inside bars with the daily chart trend, so we were looking good.

Back to our example... you have found a great looking pin bar strategy on the daily chart, now you must find the safest place to put your stop loss so that the probability of it getting hit is as low as possible, you want to give the trade as much room as possible to work out while still maximizing your risk to reward scenario.

Its been 6 yrs fx trading and i am returning back to the basics of Discipline you have written about... I think to start a new by moving up to 4 hr and daily from the smaller charts... also having a trading plan written down on paper so to review how well I followed my plan... I have been to emotionally tied to my trades, i think the above changes will break this link..

There are many false signals on lower time frames and so you have to know how to properly trade the daily charts before you can understand how to properly trade the lower time frames.

I was trading in the 1 hour charts and it was killing me, so much anxiety, now I'm following your suggestion to trade on the daily charts, and it's great!

In a way that is a good thing I think, but the amount risked is so high following daily charts...

So, in essence, you lose quantity, but you gain quality when trading the daily charts, not a bad trade - off when you consider your hard - earned cash is at stake.

I use FXopen in UK and their trading week starts Monday 00:00 and close Friday 24.00 UTC +2 so you get five daily bars per week, but the time on the chart is UTC +2.

So if you want to slow things down and avoid impulsive trades, consider sticking to the daily and weekly charts.

Number 8 is so true, trading daily charts are so much simpler.

I normally look at price action on daily charts for +2 R targets (set and forget, so I only look at charts once a day at the close).

I won't get into all the reasons about why focusing on the daily charts is so much better than lower time frames, but you can click the link above to find out more.

But what would a full - time trader be doing most of the time if he only trade so less, like 3 - 4 trades a month, and why do they have multiple chart screens, when i think they only need one and just flip through different daily charts one or twice a day.

If they only trade Daily charts and less trades, HOW are they able to perform so well within FIVE (5) DAYS?

So, the first two parts of our «specialist» trading strategy are in place: we are looking at the daily chart EURJPY and we are looking for an obvious directional bias to be in place, in this case the bias is up:

I trade a very small acct so have a harder time trading the daily charts, but I find the principles applicable to lower time frames after gleened from the day charts.

If you only trade from the daily charts the retracements will probably be as soon as the next candle, since almost every candle will retrace as much as 50 % or so before moving in the expected direction.

Engulfing patterns that occur on the monthly chart are stronger than those which occur on the weekly chart, which are stronger than those that occur on the daily chart, and so on..., with the significance being less and less as you go to lower and lower time frames.

So, it goes to reason that trading price action signals off the 4 hour chart will make you a MORE ACCURATE TRADER than trading off the 1 hour chart, and trading off the daily chart will make you a more accurate trader than strictly trading off the 4 hour chart.

Like others I also do try to reduce the number of my mistakes, so first of all I decided to remove the trader application from my phone (however it was perfect, I loved it, but don't need it), and I started to use weekly charts and the daily.

Time is the one commodity we all have the same amount of so if we can make the same money using the daily charts then why would we use minute charts?

So, just the very act of focusing on daily charts is going to significantly improve your trade entries.

The residential and commercial flooring powerhouse releases its latest earnings on April 27 (a week from Friday), so there's a chance the options action is about traders positioning themselves well in advance of those numbers, but a look at a daily chart shows some compelling price action unfolding in MHK right now:

During lunch, which is provided daily, surfers will take part in discussions about surfing etiquette so they can learn to get along with others in the water as well as learn about how to read tide charts and how waves work.

We designed it especially for travellers so you can set a daily or trip budget, enter expenses in multiple currencies, and see which categories are eating up your cash on the pie chart.

The Economist — Daily chart: Happiness and GDP — anon — As usual in these sorts of things, Canada doesn't make the list, so it's up to you to guess whether we're happier than Japan or Australia or Mexico.

It's actually quite useful for keeping track of just how intense a workout has been over time as it graphs each recording on a daily chart, so gym go - ers could find this useful.

Fitbit Zip syncs your daily stats to your computer and 200 + leading devices, and shows your progress in easy - to - read charts and graphs, so you can see how small changes lead to a big impact.