1 - How do you personally time your entries when utilizing the LITA data?
2 - What forms (if any) of technical analysis do you utilize when timing your entries off of any point of LITA directional bias?
3 - Is there a particular Logik Course that details a recommended strategic approach to timing market entries off of LITA Data?
Thank you.
Always a pleasure to help. As you've just enrolled on the course, I recommend that you don't place any trades until you've completed the course material - this will help eliminate any losses that you can't explain, or understand. And to summarise, when you are making a trading decision it's not just timing, the process can be thought of as:
Step 1 [WHY]. Why is it a good idea to take the trade? - Use Fundamental analysis, both isolated and relative. You need a highly defensible trade idea, with good evidence
Step 2 [WHEN]. When should you place the trade? - Use COT Report, maybe TA.
Step 3 [HOW]. How to manage the risk? - Use the ATR calculator for realistic SL and Targets based on the volatility of the pair. If any of those steps are skipped, you will get blindsided by unnecessary losses and drawdown.