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This is my trading strategy explained in 4 simple steps.
The main application is under a swing system, but these fundamental principles can be applied on any timeframe and any asset.
A thread 🧵 1/5
This is my trading strategy explained in 4 simple steps.
The main application is under a swing system, but these fundamental principles can be applied on any timeframe and any asset.
A thread 🧵 1/5
$AAPL 📱
The current context looks good. (corrective structure supported by an ascending trendline)
The first thing I want to see to start considering bullish setups is the breakout of the yellow structure.
Otherwise, I stay on the sidelines.
$BA ✈️
I'm interested in the breakout of the flag pattern to start thinking about bullish opportunities.
If that doesn't happen I will not develop any filters.
The most challenging part of trading is to be emotionally detached from the outcome of a trade.
The frustration that comes when you do everything perfectly, and you don't obtain the desired result. That is what makes most people quit.
Overcoming that feeling is KEY. 🧘♂️
Updates on $ES
Setup is risk-free. Two scenarios here, either the price goes back to the entry-level, and I closed on 0, or my target is reached.
Let's see how the last candlestick of the week proceeds $SPY $SPX