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One Hour Sniper (OHS)

  • #41
  • Jun 23, 2017 6:00am Jun 23, 2017 6:00am
Quoting Marty087
Thanks for taking the time to post Renofaith... looks interesting.
Thank you for the kind words Marty. I like stochastics to be much smoother on some of these. The good news, win # 10 for me is still out there. It may still be out there.
Gonna back test some 5 min charts this weekend and 'explore' possibilities.
Thx renofaith
  • #42
  • Jun 23, 2017 6:05am Jun 23, 2017 6:05am
ATTN TRADERS, I'll be keeping an eye out for the NZD/USD. Stochastics is almost nearing my criteria on the 4H.
  • #43
  • Jun 23, 2017 6:08am Jun 23, 2017 6:08am
The green for me is parity. I'd keep an eye on this one. throw on some trend lines if you like.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDH4parity.png Size: 41 KB
  • #44
  • Jun 23, 2017 6:15am Jun 23, 2017 6:15am
This pair NU has been range bound... think SNIPER. I will not pull a trigger WITHOUT daylight on my signal line (red).
  • #45
  • Jun 23, 2017 6:19am Jun 23, 2017 6:19am
Thank you for posting this method and for the regular updates. I will be keeping a keen eye on your progression.
  • #46
  • Jun 23, 2017 6:21am Jun 23, 2017 6:21am
SNIPER HUNGRY. TIME FOR BREAKFAST. Y'ALL BE WELL. LOL 20 minutes. Traders got your checklist up to par or are we just wingin' it? Be wise. The market don't care about your checklist and it WILL take your $$$ AND humble you.
  • #47
  • Jun 23, 2017 6:47am Jun 23, 2017 6:47am
Quoting renofaith
I'm not gonna lie friends, I would have probably taken both trades, but note the daylight on the stochastics readings. Hope this helps someone who maybe doesn't have much time to trade. I love staring at PA. I got stuff to do!! CAUTION... I don't think this makes a difference, but my sto setting is on the hi/low. {image}
now tell me why you did not enter on the arrow i put?
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-06-23_2045.png Size: 261 KB
  • #48
  • Jun 23, 2017 7:02am Jun 23, 2017 7:02am
Quoting renofaith
If you want to be greedy and squeeze every pip out that you can, head down to the 15m or the 5m charts. I don't have the stomach for that. I'll be cheering you on my friend. This is nearly perfect for me. I'm simply sharing. Greetings and best wishes to all !! {image}
Additional stoch parameters you are using:

is it simple or exponential?
is it low/high or close/close?
Thank you.
  • #49
  • Jun 23, 2017 7:05am Jun 23, 2017 7:05am
Quoting mario777
{quote} now tell me why you did not enter on the arrow i put? {image}
Thank you so much for bringing that up. I refuse to take trades on the 1H when the 4H stochastic signal is below 80 at that time.
Hope that helps.
Thx renofaith
  • #50
  • Jun 23, 2017 7:13am Jun 23, 2017 7:13am
Quoting MidnightRun
{quote} Additional stoch parameters you are using: is it simple or exponential? is it low/high or close/close? Thank you.
smoothed hi/low. Thanks so much for bringing that up.
renofaith
  • #51
  • Jun 23, 2017 7:15am Jun 23, 2017 7:15am
NZD/USD I like what I'm seeing on the 4H.
  • #52
  • Jun 23, 2017 8:17am Jun 23, 2017 8:17am
My trades have stopped out at zero loss. I'm very happy with what I've seen in the last couple of weeks. You all have a super duper week.
renofaith
  • #53
  • Jun 23, 2017 8:48am Jun 23, 2017 8:48am
Very nice simple setup with minimum indi and little time required.
Thanks renofaith, so the SL is Swing high or low based on your chart? both Signal and Main line must cross OB or OS?

Cheers and lots of pips to all

Fire
  • #54
  • Jun 23, 2017 9:22am Jun 23, 2017 9:22am
No reason why this cant work on larger time frames too. monthly/weekly; weekly/daily; daily/4hr; 4hr/1hr...A differnet time frame like weekly/1hr may have more stop outs but rewards would far outweigh the risks. Great thread!
- Play Smart!
  • #55
  • Jun 23, 2017 11:37am Jun 23, 2017 11:37am
I'll be entertaining both larger and smaller timeframes in the near future. Going live Monday.
Have a great weekend everyone.
renofaith
  • #56
  • Edited 12:31pm Jun 23, 2017 11:41am | Edited 12:31pm
Very nice and simple set up ...
i will have an eye on ths next week...
thank you for the share ...
green pips to all!!
Alex
oops !! coudn't whait ....
there is one i am in ...
Attached Image (click to enlarge)
Click to Enlarge Name: onehour.png Size: 41 KB
  • #57
  • Jun 23, 2017 6:04pm Jun 23, 2017 6:04pm
Quoting agagukalex
Very nice and simple set up ... i will have an eye on ths next week... thank you for the share ... green pips to all!! Alex oops !! coudn't whait .... there is one i am in ... {image}
Looks very nice from here. We are all here to generate pips, whatever it takes.
renofaith
  • #58
  • Jun 23, 2017 6:06pm Jun 23, 2017 6:06pm
Quoting FireFries
Very nice simple setup with minimum indi and little time required. Thanks renofaith, so the SL is Swing high or low based on your chart? both Signal and Main line must cross OB or OS? Cheers and lots of pips to all Fire
Yes, that pretty much sums it up. The majority of new traders have full time jobs, simplicity should allow some ease for generating pips I think.
  • #59
  • Jun 23, 2017 8:30pm Jun 23, 2017 8:30pm
Candle 1 is a losing trade, but the following is an option for some traders. Option 1, enter at the close of candle 2 and you have a winner. Option 2, enter at the close of candle 2 and at about 10:55 throw the fibs near the low of candle 3 and the high of the 3rd bullish candle and risk .5% on a 61 or 71% retracement.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH1hs.png Size: 47 KB
  • #60
  • Jun 23, 2017 8:53pm Jun 23, 2017 8:53pm
I think h1 tf is a bit too noisy. H4 tf is providing us much more accurate signal.. So it may be better to stay in h4 tf other than those lower tfs.
It is just my opinion.
Jakepuia
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