Learn how to increase the accuracy of your trades by looking left on higher time frames to ensure there is room for trend continuation. Examples are shown on the euro dollar and euro yen charts, but this strategy works for any financial market.
Looking Left: The Technique That Can Increase Your Trade Accuracy
Introduction
– Importance of increasing accuracy in trading
– Underutilized technique of Looking Left
What is Looking Left?
– Definition
– Benefit of using this technique in trading
Examples of Using Looking Left in Trading
– Euro Dollar trade
– Analyzing correct trend
– Breakout analysis
– Looking left on higher time frames
– Euro Yen trade
– Daily chart analysis
– Looking left on higher time frames
– Trading strategies based on analysis
Pros and Cons of Using Looking Left
– Pros
– Increased accuracy of trades
– Better risk management
– Confidence in trading decisions
– Cons
– Time-consuming
– Can be subjective
Implementing Looking Left in Your trading strategy
– Steps to follow
– Importance of analyzing multiple time frames
Conclusion
– Recap of benefits and techniques of Looking Left
– Importance of accuracy in trading
– Encouragement to incorporate this technique into trading strategy