Page 3 - Module 5 - Key_Players_in_the_financial_game
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Module 5 – Understanding the game between the bulls and bears
putting it all together .................................................................................................................... 31
swing trading configuration: ......................................................................................................... 31
Timeframe's combination for medium-term setups. ....................................................................... 31
intraday trading configuration: ..................................................................................................... 32
Timeframe's combination for short term intraday setups. .............................................................. 32
position trading configuration: ..................................................................................................... 32
how to define a trend using supply and demand ......................................................................... 32
what defines a downtrend or an uptrend..................................................................................... 33
how to validate and confirm a potential imbalance ..................................................................... 33
supply and demand in control ...................................................................................................... 34
the range ....................................................................................................................................... 35
high or low in the range? what to do ............................................................................................ 36
Set and forget versus confirmation trades ....................................................................................... 36
less is more: set it and forget it ..................................................................................................... 37
When to Set & Forget? ..................................................................................................................... 37
when to plan a confirmation trade instead of a setting and forgetting a trade ........................... 37
What is a confirmation trade? .......................................................................................................... 37
When to wait for confirmation ......................................................................................................... 38
using trendlines as direction as well as filtering out levels in a mechanical way ......................... 38
trade management, breakeven and exit tactics ........................................................................... 39
A trade setup is composed of 5 stages: ............................................................................................ 39
when to move stop loss to breakeven & spread .......................................................................... 39
Rules to move SL to Breakeven ......................................................................................................... 39
Pros and cons of moving your SL to breakeven at 2:1 R/R ............................................................... 40
what can you do to prevent price from kicking you out of the trade on a retest? ...................... 40
targets: how to manage your stop loss when your trade is running ........................................... 40
Type of fixed exits: be realistic .......................................................................................................... 41
Targets: how to manage your stop loss when your trade is running .............................................. 41
too many options? don’t worry there is a plan ............................................................................ 41
momentum trade setups with room to HTF SD zone ....................................................................... 41
Location and momentum + location trade setups with room to HTF SD zone ................................ 41
when to trade and not to trade. news and slow markets ............................................................ 42
News ................................................................................................................................................. 42
Slow markets ..................................................................................................................................... 42
Late Friday And Sunday Open ........................................................................................................... 42
forward testing is key to become a profitable trader ................................................................... 42
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