Trading can be made easy if the following tools listed below can be put into consideration each time you carry out live trade analysis set up. The tools are as follows; Support/Resistance, Trendline, Channel, Candle Patterns, Trend Directional Important news releaseIf the tools mentioned above are use smartly, you will be happy trading any market of your choice.When you take a critical look at any chart that is not showing the current price position most especially when you are carrying out a back- test, any person can give the price direction based on a non- lagging indicators uploaded on the chart. The lagging indicators will only show you entry points and exit when the prices are not moving most especially when the market is closed. But you will agree with me that when the real live trading is in action most of the indicators will not give you the clear picture of the price directions. You need good tools that will help you to identify price reactions at a dynamic swing high and swing low like Support/Resistance, Trendline, Channel and Candle patterns. I have chosen to write my entire articles on live trades set up because we are all in this business to make good pips. Th…
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