bythepound,
can you post your indicator (Period H1 Stoch) ?
it is interesting...
thank you
can you post your indicator (Period H1 Stoch) ?
it is interesting...
thank you
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DislikedHi Neo -
You state that: "My preferred RC is a candle of a different color + either an IB/OB."
I attached a screen shot pointing to two RC that have an IB indication on them. Is that you mean by your statement?
Thanks
BTPIgnored
DislikedAppend below is trade that i have taken on the break of the IB. The stochs were flattish and red when I entered however, as the trade developed the stchs turned up ( gets repainted as it is lagging indicator). The entry candle has now become OB. I am monitoring the trade, and would like to know if my entry was correct.
Cheers
Novice
PS the stop loss has been hit, so failed trade!!!Ignored
Dislikedbythepound,
can you post your indicator (Period H1 Stoch) ?
it is interesting...
thank youIgnored
DislikedNovice.... You had NO CONFIRMATION on your Stoch to enter that trade. Sorry you lost. Make sure Stochastics is in the proper area before entering. Please review the videos. Big EIgnored
DislikedNovice... Note on this chart the angle of the Stochastics for these 2 short trades. This is what you want. Chart is using HA Candles. Big EIgnored
DislikedBig E answered your question well, but I thought I'd add one last point (of a more advanced nature) to your trade. It appears you took that trade after the London Close. You should be aware that the time of day that you trade has a big impact.
NeoRioIgnored
DislikedThank you 'ByThePound'...
I Hope this can help me much in making decision better....
Thank you....Ignored
DislikedHi bythepound,
in your post of May 12/10 chart has volatility indicator, is any posibility that you can post it here and we can get it. ThanksIgnored