When considering a chart for a trade, it might be helpful to look at conditions to help with the final decision. I have found at least 3-5 conditions must be met.
Possible conditions:
Is the trend in your favor for the chart you are considering?
Is the market trend in your favor?
Is support or resistance in your favor?
Is the T-Line and price in your favor?
Is the Trendicator in your favor?
Is there enough room to make money?
Are your indicators confirming?
Does the risk & reward make sense?
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