Hello good people,
I am learning how to be a sniper on MST by putting together a list of things to look for when exhaustion is there. Here is what I have so far,
1. Resistance band 1 of Kelter Channel broken, indicating bullish exhaustion.
2. Consolidation at 000 line, then large bearish engulfing to confirm line break.
3. TDI signal line cuts down through the Bollinger Band and 85 level overbought zone and the TDI lagging line (red). The DSS also turns red.
4. Trend Session tuns red in agreement.
5. Repetitive bounce off triple zero.
6. Break of the 85 line.
7. Re-entry of the 85 line, all the best, GW
Kudos to Ascension and GW (https://www.forexfactory.com/showthr...2#post10878162)
Questions,
1) Which timeframe do you use? GW recommends H4, but then I have seen on the thread H1 and M30. Should one alternate between them to look for an entry?
2) What signals do you prefer to enter a trade (from the list or additionally to it)?
3) How do you hedge? What are your SL and TP?
4) A copy of my trade window is attached. Am I missing anything?
Kindly requesting your help and input. Allow others to learn from you, and you may learn something new.
Thanks in advance! Blue skies and green peeps!
I am learning how to be a sniper on MST by putting together a list of things to look for when exhaustion is there. Here is what I have so far,
1. Resistance band 1 of Kelter Channel broken, indicating bullish exhaustion.
2. Consolidation at 000 line, then large bearish engulfing to confirm line break.
3. TDI signal line cuts down through the Bollinger Band and 85 level overbought zone and the TDI lagging line (red). The DSS also turns red.
4. Trend Session tuns red in agreement.
5. Repetitive bounce off triple zero.
6. Break of the 85 line.
7. Re-entry of the 85 line, all the best, GW
Kudos to Ascension and GW (https://www.forexfactory.com/showthr...2#post10878162)
Questions,
1) Which timeframe do you use? GW recommends H4, but then I have seen on the thread H1 and M30. Should one alternate between them to look for an entry?
2) What signals do you prefer to enter a trade (from the list or additionally to it)?
3) How do you hedge? What are your SL and TP?
4) A copy of my trade window is attached. Am I missing anything?
Kindly requesting your help and input. Allow others to learn from you, and you may learn something new.
Thanks in advance! Blue skies and green peeps!
Buy low, sell high.
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