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ADA: Casual Conversation of Current Price Movement

BYBIT:ADAUSDT   ADAUSDT SPOT
Hi Everyone! This is a casual conversation covering a FEW things to consider when TRADING with the indicators. However, I recommend you practice this in HIGHER time frames; such as the Near Term Group of time frames (12-hour, 24-hour, 2-Day, 3-Day, 4-Day, 5-Day, 6-Day and Weekly). One reason is because each candle in those higher time frames take a while longer to play out; which means you have more time to make a decision. However, use the 3h and 6h along with them to ACT as your 8-min. and 15-min. of the Immediate Group when High Time Frame Scalping. If you are using the Near Term Group, you are SWING trading and NOT "scalping." Yet, you will use the 3h and 6h to help you on your ENTRY for the SWING trades with the Near Term Group of time frames.

Hope this was helpful...

Happy Trading and Stay Awesome!

David

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