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Don't wast ur time trying to find a perfect trading system....it doesn't exist..instead it's about knowing ur goal as a trader and then adopting the right system that fits with it......
Great instructional video... notice the good example at 15:10 when the confluence of new weekly pivot + round number (at 0.8200) + the stochastic dip below 50 followed by a quick bullish turn around. Also, the structure flip (market took a resistance pause at 0.8200 but then it breaks out through that structure high and the new weekly pivot becomes support..) Yes, there are many variations on this that anyone could do differently, but the point is that understanding simultaneous market dynamics like these could make a disciplined trader profitable. Does it work all the time? No... but if your defensive script is on point when it doesn't, there's no reason you shouldn't see results after a good sample of trades. I clocked an 89.13% winning rate last November using a very similar approach set...Thanks for sharing!
Intersting. I like to use divergence a lot with the macd histogram to identify the divergence and use stochastic to enter but i was using both lines ( crosing stochastic) im gonna try the stochastic this way
Which timeframe you prefer to trade the most? This video seems like you enjoy riding the market on the 2h, is that your basic? Or are you more with the 4h or 1h Chart? Great Video m8 :)
HI sir when you were at 15 min time frame you changed stochastic settings to 2H chart so when am using 1H time frame am gonna change stochastic to which chart?