Disliked{quote} Good day to you Sclipp, before getting into the details I have two questions for you: 1. 4H TF - is it your preferable TF to trade? Do you feel comfortable with it? If you enter too early maybe you have to check 1H TF? It is not the system that dictates the TF, but the trader. 2. Do you really need oscillator (like CCI, MACD, etc.) to feel more assured / affirmative / confident to open the position? Anyway, I am going to get into this simple yet effective way of long term trading more deeper. Cheers, A.Ignored
Your questions are thought provoking
1. On the 4 hour I noticed sometimes that a better entry is when the CCI crosses back above -100. (On uptrend)
On the 1 hour I noticed that there are several divergences on the CCI before the price returns to its trend
2. I guess I don't really need the oscillator if I traded like Briian, who waits for break of trend line of the correction ( post# 37)
Thank you
Sylvia
Ps I liked your response to the trading chaos method. What does that mean alligator aligned?
Thank you