Rileks... First learn to plot the line.. Line start with two points.. then when price kiss the line on third times... let the market decide either price breaks or bounces.. your duty is to follow the big players... Basic technical tenet.. 90% price failed to breaks on first attempt...
i read bout your dec and january las yr entry..owh..amazing..addicted..tapi ader certain yang xfaham..ada satu entry tu cakap.. "Jika kita menggunakan konsep SELL at RESISTANCE on BEARISH TREND... dan LONG at SUPPORT on BULLISH TREND..."..
Basic trading rule.. Buy @ Low.. Sell @ High.... Later you will learn; Buy Low but at Support In Uptrend... Sell High But At Resistance In Downtrend... Then the next stage; you will learn to buy or sell @ RBS or SBR Line - All pending on market situations. I only trade on GJ... I manage my entry and exit based on MY TRADING GUIDELINES... but in this blog i just record about my swing trade analysis...
5 comments:
admin..how do you determine rbs and sbr ?? what r those ?? and how do u determine breakout..the blue circle ?? -kuchai-
now i see..support become resistance and vice versa..u plot sr depends on previous price swing hi and lo areas is it ?? -kuchai-
Bro Kuchai...
Rileks... First learn to plot the line.. Line start with two points.. then when price kiss the line on third times... let the market decide either price breaks or bounces.. your duty is to follow the big players... Basic technical tenet.. 90% price failed to breaks on first attempt...
two points means..two hit to the line ite ??
i read bout your dec and january las yr entry..owh..amazing..addicted..tapi ader certain yang xfaham..ada satu entry tu cakap..
"Jika kita menggunakan konsep SELL at RESISTANCE on BEARISH TREND... dan LONG at SUPPORT on BULLISH TREND..."..
you refer sma 5 sebagai resistance..is it ??
Basic trading rule.. Buy @ Low.. Sell @ High.... Later you will learn; Buy Low but at Support In Uptrend... Sell High But At Resistance In Downtrend... Then the next stage; you will learn to buy or sell @ RBS or SBR Line - All pending on market situations. I only trade on GJ... I manage my entry and exit based on MY TRADING GUIDELINES... but in this blog i just record about my swing trade analysis...
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