Greetings to all. I wanted to say I'm very flattered to see all the new traders as well as the red, brown, and yellow diamond traders here noting what's happening.
Exactly what does my yellow diamond mean, anyone please??
Thx Renofaith
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Joined May 2017
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Status: Trader
|18 Posts|
Online Now
Renofaith, thank you very much for your strategy sharing with us and for your participation to understand the entry and exit criteria. On the GJ map, you refer you will enter "if it triggers". Explain please, what you are expecting (in H4 stochastic is in the overbrouth zone and in H1 is already gone under 80). Also the 2 green straight lines in the map, what do they represent?
Thanks in advance for your reply
Looked first into 4H for OB/OS, then went to 1H checked if they were also OB/OS then entered on color change. With a SL placed on the last HH/LL they would all be great ITM's.
Renofaith, thank you very much for your strategy sharing with us and for your participation to understand the entry and exit criteria. On the GJ map, you refer you will enter "if it triggers". Explain please, what you are expecting (in H4 stochastic is in the overbrouth zone and in H1 is already gone under 80). Also the 2 green straight lines in the map, what do they represent? Thanks in advance for your reply
Ignored
If it triggers meant I always use a pending order and at the time, it had not triggered. I hope you're referring to my entry and stop lines. I plot those in addition to parity if it is nearby. The trade did trigger. Hope this helps.
Thank you for your interest in this. I haven't traded it long at all, just a very short time. I hope you generate many pips.
Renofaith
Reno sir may I ask if im getting the ideia right? Would these be valid setups? https://s29.postimg.org/ti35fwjgl/pass.png Looked first into 4H for OB/OS, then went to 1H checked if they were also OB/OS then entered on color change. With a SL placed on the last HH/LL they would all be great ITM's. {image}
Ignored
Yes, that's pretty much what I'm doing. Many pips to you. I will attempt to post every trade I take. I do not pull a trigger until the 4H signal line has breached the OB/OS level(s).
Thx Renofaith
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Many traders on this thread are not following this strategy. Some are. If your expectations are not met, it's because you did not follow the rules. You have been warned. This is a public thread. Most new traders do not have time to check charts every hour due to a full time job.
Greetings
Renofaith
NJ is OB on 1H, 4H, and D1. I plotted fibs on the weekly, PA now near the 71% on the weekly. The CLOSE of the first red candle on the 1H, I'm in.
Thx Renofaith
