[h = 15] FILTERS[/ h]The filters? apply to split levels, zone trading, formatting, etc. and generally constitute a confirmation that the tacit movement (upward or downward) that is currently underway will be viable.
Can be either arithmetic e.g. 100pips or% price value eg eurusd current price 1,32 70 filter 0,5% equals 1,32 70 X 0,5% = 66,35pips
IMPORTANT
Most investors define these filters as arbitrary. and subjectively they should take into account the volality factor e.g. if the average volatility (low-high) in the US dollar is 100pips a 30pips filter is obviously small today!
Also especially in forex the trading time zone is important when looking at smaller charts eg lucrative, common occurrence at night (Greek time) at the Asian meeting for volatility to fall and so the filters should be ??????? and at the New York meeting the volatility increases whenever the filters are proportionally larger during that time.
Adjusting the confirmation filters according to the volatility is a critical factor in defining optimal stop but profit,adapting the filter range to be completely interconnected with volatility.
[h = 1] DISCOUNT TRANSACTION[/ h]
A common phenomenon of traders is to move in one direction, discounting future price movements.
This tactic is a double-edged knife, which in most cases will be damaged especially when the trader is without experience and versatile knowledge.
The advantage is that it is more favorable. entry point to maximize profits.
The disadvantage is that we are moving into a transaction that is still not visibly viable. its moving!
Discounted transactions are, in our opinion, only open when the right conditions are met and are not generally recommended (especially to inexperienced investors), and even for experienced investors, it is a tactic that if it does not have the proper selection criteria at all times.
[h = 1] CONFIRMED TRADE[/ h]
The best tactic in our opinion which gives the disadvantage of having a slower entry but greater chances of success.
When the confirmation is multiple as we have mentioned in many points on the website then we will generate profits over time.
Proper technical analysis at the same time as a confirmed transaction under a proper risk management system is the correct tactic for a responsible and successful trader.
Discipline-patient-conscience (in position size) are keywords in this tactic.
Can be either arithmetic e.g. 100pips or% price value eg eurusd current price 1,32 70 filter 0,5% equals 1,32 70 X 0,5% = 66,35pips
IMPORTANT
Most investors define these filters as arbitrary. and subjectively they should take into account the volality factor e.g. if the average volatility (low-high) in the US dollar is 100pips a 30pips filter is obviously small today!
Also especially in forex the trading time zone is important when looking at smaller charts eg lucrative, common occurrence at night (Greek time) at the Asian meeting for volatility to fall and so the filters should be ??????? and at the New York meeting the volatility increases whenever the filters are proportionally larger during that time.
Adjusting the confirmation filters according to the volatility is a critical factor in defining optimal stop but profit,adapting the filter range to be completely interconnected with volatility.
[h = 1] DISCOUNT TRANSACTION[/ h]
A common phenomenon of traders is to move in one direction, discounting future price movements.
This tactic is a double-edged knife, which in most cases will be damaged especially when the trader is without experience and versatile knowledge.
The advantage is that it is more favorable. entry point to maximize profits.
The disadvantage is that we are moving into a transaction that is still not visibly viable. its moving!
Discounted transactions are, in our opinion, only open when the right conditions are met and are not generally recommended (especially to inexperienced investors), and even for experienced investors, it is a tactic that if it does not have the proper selection criteria at all times.
[h = 1] CONFIRMED TRADE[/ h]
The best tactic in our opinion which gives the disadvantage of having a slower entry but greater chances of success.
When the confirmation is multiple as we have mentioned in many points on the website then we will generate profits over time.
Proper technical analysis at the same time as a confirmed transaction under a proper risk management system is the correct tactic for a responsible and successful trader.
Discipline-patient-conscience (in position size) are keywords in this tactic.
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