7/11 Setups

euphaedra
Member
Posts: 14
Joined: Thu Jun 22, 2023 3:27 am

7/11 Setups

Post by euphaedra »

Image

Did I miss any other obvious ones or included a bad one?
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eric-pal
Posts: 232
Joined: Mon Oct 31, 2022 1:08 am

Re: 7/11 Setups

Post by eric-pal »

There are a variety of ways to apply technique. Please begin with signal bars always as the first bar of the move. This ensures that you see and understand movement from the beginning. It isn't about being right, but understanding what prices are attempting to do, and when they do something that they should not.

Price and positioning is important.

Setups are simply a reflection of prices being accepted or rejected at the appropriate times (support and resistance zones) and failures. Learning to watch prices and understanding what is happening is more important than "trading" and taking a trade. With developed contextual reading through experience, you'll be able to read probability with much more accuracy to know when things are "the appropriate time".

Hopefully helpful and good trades to you!
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euphaedra
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Posts: 14
Joined: Thu Jun 22, 2023 3:27 am

Re: 7/11 Setups

Post by euphaedra »

Thanks for the feedback, Eric.
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