34Likes -
Trades
Hello n ds thread ill be posting some of my trades from a system that i use. got nothing to do w/ harmonics but everything to r w/ a bunch of fibs.
in a nut shell the plan is very simple
find a daily bias.
use the appropriate indicator/s.
enter at support/ resistance.
that's it.
-
eu short. = daily mom bias down rsi = -50, OSMA daily barish but stochs in conflict. tiebreaker = adx- 30 = 4h stokes trading. 4h stokes down = look for nearest resistance and sell down. look for 2:1 rvr
daily bias adx -30 = 4h stokes trading

entry at retest of 38.2 blue fib

trailed stop and target hit
Last edited by kor4x; 04-14-2012 at 10:43 PM.
-
eg range trade

Last edited by nopi240; 04-14-2012 at 11:12 PM.
-
-
well done! how important is ADX in your strategy?
-
its the tie breaker, to see if im looking for short term oscillation or longer term momentum abcd retracement to extension move,
-
i cant see anything on this chart
-
true, Nopis pics are no so clear. Nopi, can you provide a bit more details on the next pic, thanks!
-
cadjpy missed entry placed above the 23.0 red fib.
can u see that better?
-
i see pending order, but doesnt have smallest clue what all those fib levels are
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules