Range trading $FB move made easy. See chart notes. #daytrading #swingtrading #charting
The triangle highlighted is your range. Near bottom of range (when price bounces off a horizontal Fib line) long until a horizontal Fib line causes resistance then trim your long appropriate.
Every time price breaches a Fib to upside add or continue your long. When price gets near top of triangle trim your longs heavy and when it turns go short side in same way (opposite) of the long.
The dotted diagonal blue lines are trading quadrants that are an excellent tool for traders.
This is an easy way to trade it. I will be coaching / trading this live when our new coaching location opens to show how simple it is to do in real-time.
Knowing how to model the charting is the important first step also:) Then just trade it.
Register to free email list for trade set-ups, webinars, special events: compoundtrading.com/contact/
Website: compoundtrading.com
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Subscribe: compoundtrading.com/overview-...
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Lead Trader: twitter.com/curtmelonopoly
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Our services include: Algorithm model charting for $SPY, $VIX, #OIL, #GOLD, #SILVER, $BTC Bitcoin -3.37% 0.36% ($ETH, $XRP, $LTC and others), $DXY 0.20% -0.20% US Dollar 0.20% -0.20% and Swing Trading Newsletter Service. Live trading rooms for daytrading and oil -1.48% -0.17% traders. Private coaching and live alerts.
The triangle highlighted is your range. Near bottom of range (when price bounces off a horizontal Fib line) long until a horizontal Fib line causes resistance then trim your long appropriate.
Every time price breaches a Fib to upside add or continue your long. When price gets near top of triangle trim your longs heavy and when it turns go short side in same way (opposite) of the long.
The dotted diagonal blue lines are trading quadrants that are an excellent tool for traders.
This is an easy way to trade it. I will be coaching / trading this live when our new coaching location opens to show how simple it is to do in real-time.
Knowing how to model the charting is the important first step also:) Then just trade it.
Register to free email list for trade set-ups, webinars, special events: compoundtrading.com/contact/
Website: compoundtrading.com
Free chat room: discord.gg/2HRTk6n
Subscribe: compoundtrading.com/overview-...
Twitter: twitter.com/CompoundTrading
Lead Trader: twitter.com/curtmelonopoly
Tradingview: www.tradingview.com/u/curtmel...
Facebook: www.facebook.com/compoundtrad...
StockTwits: stocktwits.com/compoundtrading
Email: info@compoundtrading.com
Our services include: Algorithm model charting for $SPY, $VIX, #OIL, #GOLD, #SILVER, $BTC Bitcoin -3.37% 0.36% ($ETH, $XRP, $LTC and others), $DXY 0.20% -0.20% US Dollar 0.20% -0.20% and Swing Trading Newsletter Service. Live trading rooms for daytrading and oil -1.48% -0.17% traders. Private coaching and live alerts.
Compound Trading Group | Founder
New World Ecosystems of Decentralized Finance
#DeFi #MachineTrading #Crypto
New World Ecosystems of Decentralized Finance
#DeFi #MachineTrading #Crypto