Tuesday, February 14, 2012

14022012


Always try to catch the first move of the day..If we are attempting only good setups like BOF, BPB at major trader decisions points we will never lose much . Even if the trade is not working we will be able to get out at breakeven or a small profit.example trade 2 and 3
Always be aware of the FTA. For trade 1 there is a very high probability that the move may stall at PDC which is also a Gap closure area.FTA is the location where you may encounter an opposing order flow. FTA is the first target of the trade..

Think Location, Location. Location

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