Post
Topic
Board Trading Discussion
Re: The green shouldn't always be the reason to enter the market
by
palle11
on 23/06/2023, 09:51:03 UTC



Going into the market when it is green is just greedy sentiment for trading.


How? When the market is green, that is suppose to be the right time for possible profit if you do your research.
I was supposed to say if when the market is green could be only the reason to enter the market can't be right at all time.
Quote

What matters is how long the green will last before the red appear. Of course there are different timeframe, 1 minutes, 5 minutes, 15 minutes, 30 minutes, 1 hour, 4 hours, Week and months. So depending on the time you are trading, the longer the time the better the chances.
Trying to know how long the time will last to get things right  is what I'm talking about.

If the market is green or how long to enter or stay in the market also depends on what you have as strategy. While trading we can navigate the different times and see also the candle formations and how they have also closed previously. The candle formations is important in trading including the previous close candle, the daily, weekly or monthly candle can show next trend of the market.