I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.
Nice strategy but how about stop loss and take profit area, where I can find the setting?. Your technical analyze need more modification specially to face sideways condition. This strategy can use if market have significant moving and this time is not. Next time please write all part so we can take decisions to take it or leave it.
Have you not heard of the word restrategizing? Market is very unpredictable and things are likely to always change pretty fast which is why you should always have a very good strategy, stick with it and be ready to implement it without emotions when it comes to trading the market.
It is a highly fluctuating market and surely, the ability to make decisions based on each scenario that the market brings is totally based on each individual's knowledge as the case may be. The idea of having a strategy in the first place, is to have been able to get a strategy to identify where you want to see yourself buying into a market, where you should be selling and where you should be stopping loss. This is where planning comes in and without strategy, you cannot have a plan.