Twenty ninth day.
Hello Traders!
In this video, you’ll see the process of exit from the market, cause of strong resistance and appearance of sellers’ aggression.
Really it’s very important to observe volume increasing or reducing near strong support and often deliberately
close the order, despite other analysis are stil right and unmistakable.
Anyway it’s better to fix a stable profit and wait, when the market become clear and readable. At last, we’d like to add, that you have to not only accompany the position until the desired price, but also
to remember about the risk management, being careful beside, powerful levels of support or resistance.
Pls, never catch the “knives” near levels, but take 50-70% from trend tendency and calmly close the position.
Enjoy watching.
Notice! This is the professional Trader’s blog, specializing on Elliotte wave theory,
Technichal analysis, Volume Spread analysis, Market Profile, Depth of Market, Order flow & Footprint.
We trade in all financial markets, there are no boundaries or limitations.
We wish all of you successful trades and profits!
Kind regards, Team traders “Powerful Traders”
Remember, trading is always risk!
Full Risk Disclosure: https://powerfultraders.biz/risk/
