GENERAL SAIL TRADING
GENERAL SAIL TRADING
I would like to briefly summarize the concept of Sail trading as a general rule
of thumb for you.
The goal of sailing is to engage into trades that have a good likelihood of
lasting for many pips to capture substantial profits along the way. Looking at
larger scale charts find a trading opportunity, then zoom into finer scale charts
to further isolate the optimum time to enter a trade, and determine what
trading method would be best applied to your particular opportunity. Attempt
to remain in the trade for the duration of the trend that you are trading, being
vigilant to watch for reversals at any point along the trend, but hopefully
having found “reasons” for a reversal to occur at some area to be better
prepared for the reversal.
That is it. Period. If you understand what that paragraph stated then you
understand the point of this entire eBook. Everything else in this eBook is
just some “pointers” to enlighten you about what to look for to be able to
engage into “Sailing” trades. forex sato forex for beginners
Final tip: Remember that opportunities can be found in ANY chart scale;
from the Monthly charts all the way down to the 1 minute charts. Wherever
you find an opportunity just zoom down to a lower chart to find a suitable
entry to get on board that larger scale opportunity which you’ve found. If you
are a chronic compulsive trader then you’ll find plenty of sailing opportunities
on the lower end of the scale spectrum, but if you prefer to spend minimal
amounts of time trading then just stay within the higher end of the scale
spectrum. You’ll likely find a range within that spectrum that you focus most
of your efforts based on your personal preferences.
forex sato Forex for beginners .
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