Repetition is the mother of skills:
I can't stretch enough that it is vital for each one of you in one form or another to integrate a daily call in your system
And implement it on a daily basis
when is the right time to do it!
for markets that are not 24/7 markets it is ideal to do the evaluation when these markets are closed providing a brief break from prior possible trading activity which can take biases out to come to the computer with a fresh mind and more importantly make an evaluation while there is no price movement on the daily candle to not distract or influence your ideally neutral mindset
for trading instruments that are open 24 hours like bitcoin for example I chose a time shortly before the new daily candle opens
This allows for a possible entry if a trend-day should be the result for the daily call on the new daily candle open
if you are confronted with a significant price move in the last 15 minutes of the trading day of the trading vehicle you can simply do the call again
the importance here is to not change your daily call within the one day session-meaning just because you might interpret price movement within the day proving your assessment wrong doesn't allow for doing a second new call
One significant aspect is that scans as a whole always need to be cyclical=need to be done at the same time
I have all my intraday interpretation cycles scheduled
meaning there is a logical most significant point on when to do a scan-this is especially true for intraday evaluations since most amateur traders just flip through charts and interpret randomly on what they see
a certain way for misinterpretations, cause for trading errors and mostly sure way of data overload making many scans over and over again even though no more significant data has come in yet.
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