Trading Within Day's High And Low!

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Let us talk about another form of trading.

Price movements are all about levels.

Bawat high at low na ginagawa ng price ay levels.

Nakadepende na lang sa trader kung aling level ang bibigyan niya ng significance.

One trading style involves taking the Day’s High and Day’s Low into account.

Kinukuha nila ang highest price sa loob ang isang araw at ang lowest price sa loob ng isang araw.

Ito yung significant na level para sa kanila.

The moment na may mabreach or may mabutas sa levels na yun ay papasok sila sa trade.

Kapah high ang nabutas ay long trade ang gagawin nila.

Kapag low naman ang nabutas ay short trade ang gagawin nila.

Lets say for example na ang high ng price ay 7 pesos at ang low ng proce ay 6 pesos sa loob ng isang araw.

As long na within 6-7 pesos ang price ay walang trade.

The moment na umakyat ang price above 7 pesos ay matic initiate ng long trade with an SL at 6.9 or lower.

The moment na bumagsak ang price sa 6 pesos ay matic initiate ng short trade with an SL at 6.1 or higher.

Ang idea ay iride ang momentum.

Yung day’s high at low ay levels kung saan kailangan ng momentum para mabreak sila.

This is how other traders operate.

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You deserve to at least try!

Proper trading approach made it possible for us to earn these:

Trading is risky and dangerous kapag mali ang approach mo but rewarding ito ng sobra kapag tama ang approach mo.

You can succeed in trading at pwede ka naman din magfail but at least you had the opportunity to at least try.

You deserve that chance to try.

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Trading Within Day’s High And Low!