Choosing The Right Chart To Trade
This is a trader question from the Fibonacci Trading Forum.
What part of your trading do I need to improve?
- Choosing the right chart to trade, or when to leave a chart in peace.
Part of your trading plan is to define your setups. You’ll have to monitor your charts until the setup develops and a trade triggers. If the setup evaporates, or the trade isn’t triggered, move on to another chart, or look for another setup.
If you can clarify your setup, it should be easier to decide which chart to trade, or whether to trade it.
We’ll discuss this in a future Fibonacci Trading Forum webinar.
Filed under: 1. Monitor Landmarks For Chart Trend & Direction
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