A simple trading method which requires a good knowledge of candles and candle patterns with positive and negative divergence signals on stochastics (settings: 10/3/3). This method is for trading cable only.
My 5 trading tools are candles, moving averages, trendlines (including s/r levels), fibonacci retracements and stochastics, though this journal will concentrate mainly on candles and stochs.
I view all larger time frames down to 4h, 1h and 15m (only those 3 under daily, though occasionally it's helpful to combine two 4h or two 1h candles in your mind if they happen to form a hammer or shooting star).
I have been trading live since February, a little under 6 months, and this journal is for the purpose of saving my charts for instructional purposes only.
My 5 trading tools are candles, moving averages, trendlines (including s/r levels), fibonacci retracements and stochastics, though this journal will concentrate mainly on candles and stochs.
I view all larger time frames down to 4h, 1h and 15m (only those 3 under daily, though occasionally it's helpful to combine two 4h or two 1h candles in your mind if they happen to form a hammer or shooting star).
I have been trading live since February, a little under 6 months, and this journal is for the purpose of saving my charts for instructional purposes only.
'The past will always show us the future'