Disliked{quote} your chart is telling me you are focusing on stoc more than price actions and tdi. Correct me if I m wrong or correct your chart display to make your trading easier. does AO contribute to your trading decision? an't those 2 indies (TDI & stoc) enough?Ignored
I honestly felt like I was concentrating on price action the most. the stoc being oversold is just a nice bonus making the potential setup look more appetizing imo, but i would be keen to take the trade even if stoc was not oversold on h4,
you can see my thoughts on the price action from the charts from the d1 to the h4, at my current knowledge level to me the setup looks promising, but im no expert here, if you think it's a bad setup please tell me why.
As for AO .. I noticed you using it at the beginning of the thread several weeks ago and put it on a few of my charts to see if it would help me, it's not on many of my charts ..but happened to be on this one ...and i noticed it was looking favorable for the trade so highlighted it.