ADAUSDT: Casual Discussion About Scalping With These Indicators.
Hi Everyone! This was "casual" discussion on how to use my indicators to short in the scalping (immediate) GROUP of time frames while using the 90 min. and 3 hr. time frames as a "compass."
הערה:
UPDATE:
Sometimes, the quality entry you have may determine your ability and/or willingness to ANTICIPATE the expansion with the indicators and take a "managed" RISK when opening a position, accumulating or selling an asset.
Sometimes, the quality entry you have may determine your ability and/or willingness to ANTICIPATE the expansion with the indicators and take a "managed" RISK when opening a position, accumulating or selling an asset.
הערה:
UPDATE:
REMEMBER: If you are wanting to get in on swing trades in these lower time frames using the 90-min. and 3-hr. as a compass, you MUST pay attention to downward races being triggered in the scalping group of time frames in order to open a position as early as possible at the beginning of the move to try to create a bit more of a cushion for yourself to reduce possible emotional tension.
Downward pressure races are triggered by the Red RSI closing below Level 50. See the four time frames on the top row...
REMEMBER: If you are wanting to get in on swing trades in these lower time frames using the 90-min. and 3-hr. as a compass, you MUST pay attention to downward races being triggered in the scalping group of time frames in order to open a position as early as possible at the beginning of the move to try to create a bit more of a cushion for yourself to reduce possible emotional tension.
Downward pressure races are triggered by the Red RSI closing below Level 50. See the four time frames on the top row...
The same concept (method) emphasized regarding LOOKING FOR EXPANSION OF B-BANDS can be applied to almost every time frame... which see in the large green text bubble in lower left hand corner. Some may not have the time to scalp. No worries... You use similar method for the Near Term, Mid Term and Long Term GROUPS of time frames.