Practice Drills #2

Todays research ideas I reviewed:


1. Tight channel, break trend-line, new low, reversal

2. Which side is controlling price and time more clearly?

3. Have those limit order traders got a profit targets to justify their risk?

4. Pullback = actual risk => target 1 – 2x aRisk

5. Traders fade B1 – when they lose, the test back to B1 is a high-probability scalp

6. A scalp is a lower timeframe swing

7. Spike and 3 legs up in a channel then BOM

8. Every bar has two targets – flip up Bull target – flip down the Bear target

9. New trade – the scale in is a new trade.

10. Exit — is a new trade

11. Targets – there is usually a bigger one and a smaller one. Scalp towards the larger one without holding

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I’m Tim

Welcome to Zen Trading Tech.

I’m a Aussie day trader and I post trading tips, practice drills, and indicators that helped my trading get to a professional level.

Everything here is to help train the eyes and hands to trade better. If it helped me I’ll post it for others. Hope you enjoy!