Pattern, pattern breakout & return to the pattern.
I am going to work on the "idea"
MightyOne wrote:Mira wrote:Hi guys!
In these days i feel like "if i need a confirmation to trade a zline, maybe i'm not trading a zline"
I know the pattern very well and i know what the big picture is but i think i'm still missing something..
Now i'm focusing on swap levels, reducing space finding an entry on a lower tf but i still need a confirmation to have a "decent" success rate.
WHY i still can't SEE?
A z-line is simply price returning to a pattern.
1: you need an idea:
why should I trade in this direction?
where am I in the big picture?
where exactly am I going with this?
2: you need a proper position size for the length of time that you will be holding a trade:
from which period am I going to trade this idea?
3: you need to know how many resources (lines) that you are going to dedicate to the idea.
4: you need to learn to think creatively:
art techniques without imagination is worthless.