How is the angle of 150 & 200 SMA line?
If it is too flat, I skip it
When the angle is steeper
it suggest the current trend is strong
next I see if there is any retracement
but how much of a retracement is considered good?
when it is near a resistant/support line
when it is near a resistant/support line
or even close to any sma line
next is to see if i can have low cost
and high return
best is the stop loss i want to see is very close to the current price
then i can risk less, and win bigger
Enter the above
the resistance is quite good, has been test 2 times
win-loss ratio of 3 times
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