Daily Chart Hot Spot Trading Strategy

Discussion in 'Swing Trading / Trend Trading Ideas & Strategies' started by sirkay, Jun 15, 2017.

  1. sirkay

    sirkay Forum Newbie

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    Hello Mates,
    The first thing I do I draw my support and Resistance from weekly and occasionally on daily chart after which I swift to daily chart to applied Hot spot Strategy. Once S/R broken I wait for price to retest and trade in line with the direction of broken S/R example is attached . Based on the chart I have 2 entry , first entry is 25% sell limit of the pin and second is 50% sell limit.
     

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