JD,
No.
This program is totally based around the two different Stochs... 25,2,3 for long term direction. 5,3,3 to determine when to enter trade. I exit by visual perception and what the 5,3,3 is saying.
Just before I make a trade in or out, I also look at RSI ( is the puppy (market) going up or down) Since the last candle is the line moving up or down so as to confirm my stochs.
Are the candles moving above or below the yellow EMA line to confirm what I'm seeing in the Stochs.
The more confirmations the stronger the trade. The less confirmations the higher the risk but you can make the call to get in the trade or stay out.
Risk Tolerance is higher with fewer confirmations.
Glad out of 10 trades you won 9 of them. I'm happy to share. Big E
No.
This program is totally based around the two different Stochs... 25,2,3 for long term direction. 5,3,3 to determine when to enter trade. I exit by visual perception and what the 5,3,3 is saying.
Just before I make a trade in or out, I also look at RSI ( is the puppy (market) going up or down) Since the last candle is the line moving up or down so as to confirm my stochs.
Are the candles moving above or below the yellow EMA line to confirm what I'm seeing in the Stochs.
The more confirmations the stronger the trade. The less confirmations the higher the risk but you can make the call to get in the trade or stay out.
Risk Tolerance is higher with fewer confirmations.
Glad out of 10 trades you won 9 of them. I'm happy to share. Big E