This thread is about a collection of zones to avoid in trading.
Every trader knows about those moments giving back all the gains made within a short moment of
inattention and of not memorizing the big picture.
All examples should show a chart (necessary) - with comments how to "see" the choppy areas and
proposing best entry AND exit points.
There are all charts/tools/gut feelings allowed - just a comment is necessary to see what the
poster means.
Beginning with a first easy example:
DO NOT TRADE OUT of the MIDDLE
This means out of the chart: The middle is the price traded with the highest volume.
The blue profile on the right side shows the heavy traded center in the Dax of today's session.
That price is JUST a EXIT zone. NEVER trade out of that zone as the price direction is not clear.
Trading from the lowest traded zones (above and underneath the middle) are the best
entry places in sideways trading moments. The arrows show where to put the limit prices
in direction to the middle to get the most out of a trade. Stops (above / underneath)
can be placed very tight.
THIS MEANS: the risk versus reward from these points (arrow start) is the very best
result you can find in any chart / any time frame.
GFIs1
hoping to get tons of similar examples with any instrument