Did some homework and start noticing that elasticity tends to "release" more or less when there is "air" in between 3 candles, what I mean by air is when the candle in the middle is enough huge to leave space between the wicks of the ones that surrounds it, I think that the technical name is fair balue gap, that's the example that worked for fridays ny move. {image} The next image the same space painted in yellow and the price reacting there {image}I noticed that this is quite regular, will keep posting about it in the future
last week decided to focus on h4 elast because for my experience it's the one that brings more benefits, also very frustating seeing it rampagin and without signals to enter because h1 elasticity it's inexistent. so last friday decide to start entering it when h4 stoch streched, (the post I'm quoting) made a bad entry, but nothing that seen beore and it's easy to overcome, except that this week was been rounding in the same negative zone and today decided to close it at be with tight tp because it's thursday, h4 elast tends to have a 1 week period and tomorrow is friday and also facing end on month so I'm not played, obviously price finally cutted when I closed it, viewing the screenshot it's more easy to understand.
I'm in a point that I see and understand the stoch really well yet still unable to make a fucking dime with it, at least I always win, even barely profit
Hello all, can a kind soul kindly direct me to some clear rules/ instructions to the current system used here, so I may attempt to participate, as the noob I am? I know the current system is quite different from the original one. Feeling quite lost. Thank you in advance.
Ive been asked about the main patterns i use for stochs. The best ones are elastic div wich occurs at tops and bottoms(desagreement between stochs) and elasticity of m15 m30 with H4 in os/ob position. These ones are trend trades and the safest.. Spudfyre used to do a lot of these safe trend trades. I recomend reading his threads. {image} {image}
rip and tear until it's done
