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One Hour Sniper (OHS)

  • #341
  • Jul 22, 2017 9:54pm Jul 22, 2017 9:54pm
Quoting Loftboy
Hello Renofaith This is one of the few threads I've read from page one through to the end. I love the simplicity and your genuine helpfulness. I just wondered, have you ever looked at using Synergy APB bars (can be found here on FF) instead of HA? I find them cleaner to look at. Thanks for all your time and effort. Loftboy.
Hello Loftboy,
The synergy name I'm not familiar with, but APB are in full use. I'm not sure how much cleaner my charts can get. I will check into the synergy idea but most likely I really don't want to fix something unless it's broken.
I am very humbled and grateful for your kind words, Loftboy. I will be checking on the Synergy name.
Thx Renofaith
  • #342
  • Jul 23, 2017 3:33am Jul 23, 2017 3:33am
Quoting renofaith
{quote} Hello clemmo, I'm very glad to see your positive results. Upon reading the PDF, I did discover a few differences from the Sniper System. I believe the more nimble a trader can be, the more pips you'll be able to generate. $3,000. to over $20,000 in four months is impressive. That would equate to over $120,000. in less than a year. I like them odds. I do not trust your MTF Stochastics just yet, but if it works for you, that's super. All the best trades to you- Renofaith

You're wise not to trust it completely because it's idealized trading - using a fixed spread and assuming I'm superhuman and can be awake to trade 24/7. Also, the simulator cannot simulate the speed of market moves that happen within the smallest timeframe (in this case 1 hour) so it's doubtful I could profit from big opening moves the way I did in the simulator. Still it is enough for me to trust that the basics work and to go live with a system that is easy on my time and easy on my mind. If I leave a few pips on the table because I don't catch all the 1 hour moves, that's OK by me.
  • #343
  • Jul 23, 2017 4:04pm Jul 23, 2017 4:04pm
Within the next 7 days, I will create a strategy that will enlist the stochastics trading any pair on the 15 minute TF.
Happy Trading Everyone.
Renofaith
  • #344
  • Jul 23, 2017 4:36pm Jul 23, 2017 4:36pm
Greetings Traders,
1H chart of the GJ. I missed a double top on this one. I certainly don't catch them all.
Thx Renofaith
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 47 KB
  • #345
  • Jul 23, 2017 5:13pm Jul 23, 2017 5:13pm
Hello Traders,
I currently have 4 trades going from last week (all yen pairs). Here is my current loser, the EJ. I slipped to the 15m to keep an eye on it. It's down about a half a percent. My objective is to leave it alone.
I took the trade off the daily chart which I should have known better. If it survives, I'll be shocked.
Thx Renofaith
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM15lose.png Size: 39 KB
  • #346
  • Jul 23, 2017 6:06pm Jul 23, 2017 6:06pm
Back to my 1H chart on the EJ. I'm really starting to trust this stochastic a lot. Got a bullish crossover on the 15m, and now we have a bullish crossover on the 1H. Daily chart is showing overbought. EJ is very well known for it's long trends.
I would pull a trigger on the 1H, but I'm gonna wait until one of my trades stops out.
Thx Renofaith
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1win.png Size: 49 KB
  • #347
  • Jul 23, 2017 6:08pm Jul 23, 2017 6:08pm
If you pull the trigger on the EJ off the 1H, WAIT for the candle close!!
Thx Renofaith
  • #348
  • Jul 23, 2017 6:19pm Jul 23, 2017 6:19pm
Quoting renofaith
If you pull the trigger on the EJ off the 1H, WAIT for the candle close!! Thx Renofaith
maybe not the best pair to trade short yen
I would prefer long gbpjpy or usdjpy which have also buy signals. But are not OB in daily.
S
  • #349
  • Jul 23, 2017 6:26pm Jul 23, 2017 6:26pm
Quoting sbenichou1
{quote} maybe not the best pair to trade short yen I would prefer long gbpjpy or usdjpy which have also buy signals. But are not OB in daily. S
Hello chou,
For some reason, you and I disagree and I'm not sure why. I currently have 2 bearish trades going now that are GJ and UJ. I took both trades Thursday. Both pairs are in positive pips.
Thx Renofaith
  • #350
  • Jul 23, 2017 6:42pm Jul 23, 2017 6:42pm
Hello Traders,
Just because an indicator shows OB/OS does not mean it will reverse. If need be, visit a 1 minute chart and spend an hour watching the behavior of the indicator.
It amazed me and taught me things.
The chart below is what I 'rode' for over a week. Imagine my pips if I had stacked trades. I did not stack! The highlighted area is what I participated in.
Thx Renofaith
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH4profit.png Size: 39 KB
  • #351
  • Jul 23, 2017 6:52pm Jul 23, 2017 6:52pm
Quoting renofaith
{quote} Hello chou, For some reason, you and I disagree and I'm not sure why. I currently have 2 bearish trades going now that are GJ and UJ. I took both trades Thursday. Both pairs are in positive pips. Thx Renofaith
do you keep these positions even in OS territory?
  • #352
  • Jul 23, 2017 6:53pm Jul 23, 2017 6:53pm
Quoting sbenichou1
{quote} do you keep these positions even in OS territory?
sorry i have just read your 2nd post
  • #353
  • Jul 23, 2017 7:00pm Jul 23, 2017 7:00pm
Quoting sbenichou1
{quote} sorry i have just read your 2nd post
Yes, just to clarify, I use the indicator for entries. I keep things extremely simple. Last week I traded ONLY hidden divergence trades.
Thx Renofaith
  • #354
  • Jul 23, 2017 7:19pm Jul 23, 2017 7:19pm
Why anyone would trade anything besides hidden divergence is beyond me. Traders have to be challenged with many lines and colors and numbers. I've been there.
Hidden Divergence trades are trades in the direction of the dominant trend. But, what is the dominant trend, the Daily, the Weekly? Those decision are up to the individual trader.
Practice, practice, practice.
I am here to share as much as I possibly can with anyone.
Thx Renofaith
  • #355
  • Jul 23, 2017 7:45pm Jul 23, 2017 7:45pm
Im still new at spotting divergence...

Can anyone help take a look at AUD USD now, on H4 I can see hidden bullish, while on Daily I see bearish divergence.

Any help is appreciated!
  • #356
  • Jul 23, 2017 7:46pm Jul 23, 2017 7:46pm
Greetings Traders,
The 4H kiwi dollar looks to be possibly running out of steam. It may look to turn bearish very soon. Always wait for the candle color change and the sto cross and the close of the candle.
Thx Renofaith
  • #357
  • Jul 23, 2017 9:03pm Jul 23, 2017 9:03pm
Hello to all Traders,
I just wanted to remind you all that the general rules I follow with regards to the stochastic are located on page 11, post 210.
Happy Trading.
Renofaith
  • #358
  • Jul 23, 2017 9:22pm Jul 23, 2017 9:22pm
Quoting ratsalad
Im still new at spotting divergence... Can anyone help take a look at AUD USD now, on H4 I can see hidden bullish, while on Daily I see bearish divergence. Any help is appreciated!
If a Daily chart is showing a Bearish sentiment, I go to a lower TF and look for a slight bullish retracement while the indicator is making a LARGE ascent (up). Go through the last few pages of this thread to see a chart that draws it out much better than I can explain it.
It's somewhere AFTER page 11.
Hope that helps.
Thx Renofaith
  • #359
  • Jul 23, 2017 9:26pm Jul 23, 2017 9:26pm
Quoting ratsalad
Im still new at spotting divergence... Can anyone help take a look at AUD USD now, on H4 I can see hidden bullish, while on Daily I see bearish divergence. Any help is appreciated!
The Chart you wish to learn is on page 14, post #261. I compare that chart to your price chart every time I trade.
Thx Renofaith
  • #360
  • Jul 24, 2017 1:41am Jul 24, 2017 1:41am
Hi guys,

watchlist: AUDCAD H4 bullish HiddenDivergence
waiting for StoCross

have a great day
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