DislikedClosed EJ + 22 pips
Tape: H4,H1,M15,M5
Stoch: H4,H1,M15,M5
Closed GU + 34 pips
Tape: H4,H1,M15,M5
Stoch: H4,H1,M15,M5Ignored
in my chart, GU M15 tape wasnt ready yet but 3 bars after?
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DislikedClosed EJ + 22 pips
Tape: H4,H1,M15,M5
Stoch: H4,H1,M15,M5
Closed GU + 34 pips
Tape: H4,H1,M15,M5
Stoch: H4,H1,M15,M5Ignored
DislikedQuite right, good spot, apologies, but the stoch divergence was too good to not enterIgnored
DislikedClosed EJ + 22 pips
Tape: H4,H1,M15,M5
Stoch: H4,H1,M15,M5
Closed GU + 34 pips
Tape: H4,H1,M15,M5
Stoch: H4,H1,M15,M5Ignored
DislikedQuite right, good spot, apologies, but the stoch divergence was too good to not enterIgnored
DislikedAttachment
I assume it's this signal that you took but isn't the Stoch on a H1 just coming down from OB? (the white line in my chart)Ignored
DislikedIf I may, I'll use Frontline's chart to explain why my views on M15 OB/OS Stox are part of my 'discretionary arsenal' rather than 'hard rules' so that there's no confusion:
.I could say that the M15 Stox didn't quite go in OS territory first (white circle) and this is a reason why his Long EJ trade failed: that would be dishonest because in this situation it went close enough to OS that I would definitely consider a long trade then! In fact if anyone has got a technical reason why not go Long as Frontline did (apart from the previous high at 101.77),...Ignored
DislikedThe trade worked out for me because i put the SL at 5 pips + spread below the last Swing Low (came as close as 1 pip). Took profit at 102.000 then..Ignored
DislikedGlad to hear you banked some pips and remembered the similar conversation about SL placement 2 days ago...Ignored
DislikedI presume you are talking about GU, I got M15 stoch divergence on the 3:15 candle, with H1 stoch crossing up on that candle as well, then entered after the breakout candle of 3:20.
The GHL's on M15 and M5 crossed on 3:15/3:20 candlesIgnored
DislikedLike I said in email, this system was meant for you Marty! You learned it quickly and doing great, hopefully with real account!Ignored
DislikedI presume you are talking about GU, I got M15 stoch divergence on the 3:15 candle, with H1 stoch crossing up on that candle as well, then entered after the breakout candle of 3:20.
The GHL's on M15 and M5 crossed on 3:15/3:20 candlesIgnored
DislikedOlivia,
Absolutely !!
I spent a long time placing trades against the HTF trends, and losing !!
Now suddenly, and not surprisingly, aggressively trading breakouts with HTF trends, is very profitable, particularly with confidence I have in Genesis.
I am really interested in hearing about your success in trading HTFs.
As I would like to add some swing trading to my strategies, at some stage.Ignored
DislikedOlivia,
Absolutely !!
I spent a long time placing trades against the HTF trends, and losing !!
Now suddenly, and not surprisingly, aggressively trading breakouts with HTF trends, is very profitable, particularly with confidence I have in Genesis.
I am really interested in hearing about your success in trading HTFs.
As I would like to add some swing trading to my strategies, at some stage.Ignored
DislikedI don't trade H1 as much as I used to but I do watch all the timeframes. Not necessarily for the "trend" as such, but certainly candle patterns and divergence. I used to trade H1 a lot and still do sometimes if I see a very good setup for instance on Friday, we had extremely good bearish divergence on EU, EJ and AU and reasonable divergence on GU so once the H1 stoch has crossed down and come out of O/B I go to the M5 to make sure thats not about to turn up (I don't like drawdown even on H1), if everything there is ok then I will go in and then...Ignored