ilmscore | Prediction Details
"if we get a trading opportunity here somewhere then we could look at a trading opportunity to be something like this is that giving me a more than one to underscore ward yes what are we looking for here any type of entry reason guys it doesn't matter which one you pick because it's not going to it's not it's not like right now you need to be placing trades based on this this is analysis I'm doing and I'm sure about because of the amount of times I've tested in the market you need to do the same exact thing take this knowledge right the fact that we're in a downtrend on the daily chart and in a daily level resistance test that through historical data hundreds and hundreds of trades and see what the best it reaches to use our you can use anything from as simple as a color change where the market goes from green to red the candlesticks to a double top or double bottom to a price action pattern to a candlestick pattern it's completely up to you the kind of intreasions you use but doing the pre-emptive analysis the top-down analysis of looking at the daily chart can cancel out the noise and at least give you a bias to one direction so here on the one direction like the pant that's kind of funny here on the here on the chart of the euro dollar we know that based on our daily chart analysis we have a downtrend bias and that can be highly beneficial to our trading"
By The Trading Channel (The Trading Channel) | January 9, 2019 | Pending
From video
How To PROFIT In An Unpredictable Market (it's easier than you think) 00:05:41 - 00:06:50
Interpreted Prediction
On EUR/USD, if a trading opportunity arises, traders should look for setups that offer more than a 1:1 reward. This involves using the knowledge of the daily chart downtrend and historical data to identify entry reasons, such as color changes, double tops/bottoms, or candlestick patterns.

Prediction Details

Topic
EUR/USD

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