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Trading made simple with just the APE framework. Analyse the market movement, listen to what the candle is trying to tell you; Plan for your trade or I like to say your attack, which trading strategy to use, trading with the market direction or against... moreTrading made simple with just the APE framework. Analyse the market movement, listen to what the candle is trying to tell you; Plan for your trade or I like to say your attack, which trading strategy to use, trading with the market direction or against it; Execute the trade, hit the button and follow your rules, unless you have a trade management system in place, leave the trade alone.
On the 1-hourly chart, it's like the Hollywood movie, I'm waiting for a retracement near the bottom of the buy zone(blue box), then once the candle pattern has confirmed, I will engage for a buying opportunity.
Target1 to the most recent high before the retracement and Target2 I am just going to stretch a bit towards the bearish shark entry on the 4-hourly chart. Check out my video to see that.
These days, I spent about 30 minutes a day in front of my computer to analyse and spot a potential trading opportunity.
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Live Chart:
https://www.tradingview.com/chart/CADJPY/ZWKKFPeg-CADJPY-The-Trading-Thought-Process/ />
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#askForex100 #CADJPY #BuyZone #BearishShark #SharkPattern #HarmonicPatterns #Stretch #TradeIdeas #APE #Analyse #Plan #Execute #TrendTrading #TrendFollowing less
https://vimeo.com/416827520
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