This will be my daily weekly and monthly trading analysis. Some of the other forums have gotten much to hypocritical for my stomach to endure. It seems some can go on for pages at a time off topic during major trade sessions and it is to be ok and accepted, while these same individuals lamblast others for wasting the same amount of thread space. I will start this off as if it were a journal, however I will be trading multiple pairs so I will not call it a journal, but instead just thinking out loud.
My trading style is very simple. I use multiple time frames, and volume spread analysis. I'm trying to determine where there are large trader positioning. I can tell that by the candlestick opening and closings. Next I'm using price action. Where have we had the most activity in regards to support and resistance. Which s/r has been the strongest and how many times have they been visited. Lastly, although I may trade on a daily basis, my overall trade bias is monthly. I'm using fundamentals to help along with the other analysis to give me some idea of what the monthly trend will be. I generally trade with the monthly trend. That being said, I'm sure I have missed a couple of things but I will addresses them accordingly. All are welcome, But I muss say, any post begging for entry points with out contributing their own analysis will be blocked. If we can't be positive about things, no need to even waste all of our time.
My trading style is very simple. I use multiple time frames, and volume spread analysis. I'm trying to determine where there are large trader positioning. I can tell that by the candlestick opening and closings. Next I'm using price action. Where have we had the most activity in regards to support and resistance. Which s/r has been the strongest and how many times have they been visited. Lastly, although I may trade on a daily basis, my overall trade bias is monthly. I'm using fundamentals to help along with the other analysis to give me some idea of what the monthly trend will be. I generally trade with the monthly trend. That being said, I'm sure I have missed a couple of things but I will addresses them accordingly. All are welcome, But I muss say, any post begging for entry points with out contributing their own analysis will be blocked. If we can't be positive about things, no need to even waste all of our time.