Opiniões de boyLoyTRADER(@BoyLoy_618)

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LEADING INDICATIOR VS LAGGING INDICATOR

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THE TWO TYPES OF INDICATOR IN TRADING: 1. Leading indicators are considered to point toward future events. Example: RSI (Related Strength Index) 2. Lagging indicators are seen as confirming a pattern that is in progress. Example: SMA (Simple Moving Average).

This set up is invalid now. This bullish trend is still continue

$BTC Swing trading update..! 🧧 BTC competed for 5 impulse waves in the uptrend. The bearish RSI divergence is a powerful trend change signal from bullish to bearish. Now bitcoin may drop some prices to 52K. DO YOUR OWN RESEARCH BEFORE TRADING OR INVESTING.

Trading is all about probability; hence, we should not use a fixed level of profit-taking. The art of defining a profit target depends on each market environment as well as the trader’s trading style, which I will discuss later in this chapter. But first, let me give you a little trick that you can apply in many cases.

The key to success in trading is patience and patience. On some trading days, you may have a couple of good or even very good setups and successful trades. On other days, you might wait for a set up the whole day, but the market gives you nothing. It is advisable not to enter any trade during these times. Just wait for a good trade setup to appear before taking action.

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