Thanks for sharing your simple yet powerful system,just have a question or 2,how do you get the bl or are you get to it.how do you use the RSI in your charts.
Hi Greenius,
Referring chart below and according to your method, isn't that the short should be initiated at the intersection (BL) and not the 61.8 as per Mortician. By that time, the pending 'limit order' should have initiated already.
Hi Greenius,
Referring chart below and according to your method, isn't that the short should be initiated at the intersection (BL) and not the 61.8 as per Mortician. By that time, the pending 'limit order' should have initiated already.
Thank you.
Ignored
ya we got it short and since bl line over 38.3 febo level we consedr that we have true breakout
Hi Greenius,
Referring chart below and according to your method, isn't that the short should be initiated at the intersection (BL) and not the 61.8 as per Mortician. By that time, the pending 'limit order' should have initiated already.
Thank you.
Ignored
I have my own version of greenius strategy. I like the touch of the trendline to happen between the 38 and 61 fib level. I like a RN in that area. Then, i like to go to 1/8th or 1/4th time frame of the setup chart to look for a 1,2,3 technical pattern formation. using the entire length of that 1,2,3 formation as my risk. that is just me.
My way of trading by Using trend line , BL line & febo level
