for me it's difficult to apply, I don't really understand various trading terms. for me trading is an art that prioritizes instinct and experience. that's all for me very helpful
Trading and instincts have nothing in common. It's like, "I will go to the exam without going to class and not preparing for it, because I feel that everything will be fine."
OP wrote elementary things, which for 10 minutes can be found on the Internet. If you don't find the strength to do this, then you are simply doomed to failure.
In the end, only knowledge and practice can be profitable. And you play in a casino, just hoping for luck ...
Thanks to the author for describing such a simple and understandable strategy!
This types of study only work for some time ,but when the market wants to dump, then this trading signals also fails and you would make loss. I agree that in trading you should follow the signals but also you should know the trend and some instincts also work in it.