Traders, especially those with small balances, remember:
🔑 PATIENTCE is the key. Don’t rush into the first entry point. Wait for price to come near the Stop Loss area and look for confirmation before entering.
📌 A few important rules:
* Don’t open trades in the middle of a move.
* Before every trade, check H4, H1, M30 & M15.
* Always set a Stop Loss before entering.
* For RSI, watch for oversold/overbought areas. For example, when RSI reaches around 30, wait for confirmation before considering a buy.
* When RSI reaches around 70, consider closing your trades and wait for the next setup.
* After the first move, consider securing around 50 pips, then wait patiently for the next opportunity rather than chasing the market.
* Always check the last candle close and trade based on confirmation, not emotion.
💰 Small balance = protect your capital first.
One good trade is better than many rushed trades.
I’ll share some charts here as well. Stay patient, protect your balance, and never forget your Stop Loss.
May God bless everyone. ❤️🙏
Example 2 — RSI 70 Exit
Example 1 — RSI 30 Buy Setup
🔑 PATIENTCE is the key. Don’t rush into the first entry point. Wait for price to come near the Stop Loss area and look for confirmation before entering.
📌 A few important rules:
* Don’t open trades in the middle of a move.
* Before every trade, check H4, H1, M30 & M15.
* Always set a Stop Loss before entering.
* For RSI, watch for oversold/overbought areas. For example, when RSI reaches around 30, wait for confirmation before considering a buy.
* When RSI reaches around 70, consider closing your trades and wait for the next setup.
* After the first move, consider securing around 50 pips, then wait patiently for the next opportunity rather than chasing the market.
* Always check the last candle close and trade based on confirmation, not emotion.
💰 Small balance = protect your capital first.
One good trade is better than many rushed trades.
I’ll share some charts here as well. Stay patient, protect your balance, and never forget your Stop Loss.
May God bless everyone. ❤️🙏
Example 2 — RSI 70 Exit
Example 1 — RSI 30 Buy Setup