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Attachments: One Hour Sniper (OHS)
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One Hour Sniper (OHS)

  • #201
  • Jun 26, 2017 5:42pm Jun 26, 2017 5:42pm
Yen remains very weak, so I jumped on board NU again today. Arrow shows where I got in yesterday, after H1 TL break. Got stopped out like you.

Lower TL is from H4. This time SL is only 16.6. Looking for 44 pips, please. Also H4 Stoch is crossing down, above 80.
Attached Image (click to enlarge)
Click to Enlarge Name: NU June 2017.png Size: 82 KB
  • #202
  • Jun 26, 2017 5:53pm Jun 26, 2017 5:53pm
setup sell stops on gj & ej, we'll see how it goes
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2017-06-26_GJ.png Size: 24 KB
Click to Enlarge Name: 2017-06-26_EJ.png Size: 25 KB
  • #203
  • Jun 26, 2017 5:53pm Jun 26, 2017 5:53pm
Quoting victorpr
hi renofaith what are the setting for the stochastic.. Kperiod: 21 slowing: 3 Dperiod: 4 OR Kperiod: 21 slowing: 4 Dperiod: 3 i'm confuse on this setting... please let me know soon as possible.. thanks...
Hello Victor, your first one was the accurate one. Slowing is 3.
Thx Renofaith
  • #204
  • Jun 26, 2017 5:57pm Jun 26, 2017 5:57pm
Quoting diamonddbw
Yen remains very weak, so I jumped on board NU again today. Arrow shows where I got in yesterday, after H1 TL break. Got stopped out like you. Lower TL is from H4. This time SL is only 16.6. Looking for 44 pips, please. Also H4 Stoch is crossing down, above 80. {image}
I'm familiar with 'please', I talk to my charts often. I snagged the NJ and still hanging on to that gut wrenching GJ! Hope you do well on that one.
Thx Renofaith
  • #205
  • Jun 26, 2017 6:01pm Jun 26, 2017 6:01pm
Quoting vikvikram
setup sell stops on gj & ej, we'll see how it goes {image} {image}
Greetings Vik, Welcome! We're trading the same pairs. EJ took off like a rocket not long ago. Make that the NJ.
Renofaith
  • #206
  • Jun 26, 2017 6:08pm Jun 26, 2017 6:08pm
Quoting Sasha1978040
Hello everyone, I want to say that have already seen a similar strategy, and the person who posted it has achieved good results . https://www.forexfactory.com/showthread.php?t=517550
Just to be curious Sasha, did you read the entire thread? I read a few pages, but not the whole thread yet. I'm looking forward to it though.
Thx Renofaith
  • #207
  • Jun 26, 2017 6:15pm Jun 26, 2017 6:15pm
Quoting renofaith
{quote} Hello Victor, your first one was the accurate one. Slowing is 3. Thx Renofaith
thanks
  • #208
  • Jun 26, 2017 6:54pm Jun 26, 2017 6:54pm
Quoting renofaith
{quote} Just to be curious Sasha, did you read the entire thread? I read a few pages, but not the whole thread yet. I'm looking forward to it though. Thx Renofaith

It is very similar to Teb63's stuff

"Teb 2" Method
https://www.forexfactory.com/showthread.php?t=61902

"Teb 1" Method

https://www.forexfactory.com/showthread.php?t=21982

and some of Spudfyre Multi Time Frame Stuff:
https://www.forexfactory.com/showthread.php?t=22105
  • #209
  • Jun 26, 2017 11:43pm Jun 26, 2017 11:43pm
Attention all traders of the One Hour Sniper System, hang on to your indicators (stochastics and fractals), the rules have changed. I spent a considerable amount of time tonight reading and a few hours back testing. I am no longer confirming with the 4H time frame. All details will be presented as soon as possible. What I will share now is the back testing I did put a big smile on my face and the best part is you can trade short term or long, whichever suits your style. I will be trading both long term and short term.
All entry and exit changes coming no later than the weekend.
It's time to get excited. I'm very excited.
Good Night to all,
Renofaith
  • #210
  • Jun 27, 2017 12:02am Jun 27, 2017 12:02am
Brand new rules.
Buy signal when the 4H stochastic looks like this.
Buy signal when the 1H stochastic looks like this.
Buy signal when the 15m stochastic looks like this.
Ensure before you buy,.... a red candle is turning green preferably with a full body with a long upper wick.
Same rules apply to stops as before. You will want to close the trade with a bearish stochastic crossover (15 min.)
Always go for 1:1 R/R.
Plotting trend lines encouraged.
The lines on the chart is ideally what you want on a 4H and 1H. When you look at a 15m chart and see 3 bearish candles in a row, be prepared, chances are you will have a valid buy entry coming very soon. Again, on the 15m chart, the blue line needs to be at least heading up, I prefer a cross but that wont always be the case.
SELLING IS THE EXACT OPPOSITE
Happy Trading Renofaith
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYH4up.png Size: 43 KB
  • #211
  • Edited 1:58am Jun 27, 2017 1:00am | Edited 1:58am
THANKS FOR BRAND NEW RULES
Attached Image (click to enlarge)
Click to Enlarge Name: RENO1.png Size: 52 KB
The Average Discount Everything
  • #212
  • Jun 27, 2017 4:07am Jun 27, 2017 4:07am
Draghi rules again,SL hit on EJ trade during his talk. He can move a currency like no other
  • #213
  • Jun 27, 2017 4:45am Jun 27, 2017 4:45am
Good morning,

Thank you for updating the set of rules.... I was hoping you could confirm something for me, are we to wait for the stochastic to enter the OB/OS level on all 3 TF's before considering an entry? Or, are all TF's still a potential valid entry on their own, if we have a valid crossover?

Thanks for you time.
  • #214
  • Jun 27, 2017 5:24am Jun 27, 2017 5:24am
Quoting hesron
THANKS FOR BRAND NEW RULES {image}
You're welcome Hesron and Good Morning to you.
Thx Renofaith
  • #215
  • Edited 6:10am Jun 27, 2017 5:44am | Edited 6:10am
Quoting vikvikram
Draghi rules again,SL hit on EJ trade during his talk. He can move a currency like no other
Attached Image (click to enlarge)
Click to Enlarge Name: RENO2.png Size: 38 KB

Attached Image (click to enlarge)
Click to Enlarge Name: RENO4.png Size: 43 KB

Attached Image (click to enlarge)
Click to Enlarge Name: RENO3.png Size: 44 KB
The Average Discount Everything
  • #216
  • Jun 27, 2017 6:04am Jun 27, 2017 6:04am
Well, let's see what happens here.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 47 KB
  • #217
  • Jun 27, 2017 6:29am Jun 27, 2017 6:29am
Pulled my gj short as well with no harm done. It all looks so easy in hindsight but that right edge is a dicey place to dance. Like the ej & gj because there's movement now if I can just get on the correct side of it!!!
  • #218
  • Jun 27, 2017 6:33am Jun 27, 2017 6:33am
Quoting vikvikram
Pulled my gj short as well with no harm done. It all looks so easy in hindsight but that right edge is a dicey place to dance. Like the ej & gj because there's movement now if I can just get on the correct side of it!!!
I'm up for now on my GU, I'm optimistic.
  • #219
  • Jun 27, 2017 6:36am Jun 27, 2017 6:36am
It's been a long time since I've traded a 15m chart.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 47 KB
  • #220
  • Jun 27, 2017 7:29am Jun 27, 2017 7:29am
Euro pairs have a strong fundamental engine propelling them right now. There will be sellers, but no one knows exactly where. That's where historical analysis helps us.

Below is an H1 chart of ChfJpy, from Feb 2016. This is a strong resistance/supply zone. Since the Chf & Eur are strongly correlated currencies, this 'may' be a location of sellers, on both Chf & Eur. At some point the Jpy will gain strength, but we Never know exactly when.

Also midweek, (Tuesday, Wednesday, and less often Thursday) is when we are likely to see turn arounds in price. I do have a pending order above the figure 00, however I'm not suggesting everyone pile on.
Attached Image (click to enlarge)
Click to Enlarge Name: ChfJpy Feb 2016.png Size: 67 KB
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