Since I mostly trade in the higher timeframes like daily, weekly & monthly, I sometimes need to sharpen my eyes and mind.
This can be done in the lower timeframes like hourly and even minutes...gee I hate these lower TF's because I'm not really good in these lower environments. But to evolve and to take bigger steps, one has to leave the comfort zone. So do I...
OK, here is a trade I consider:
If price closes below the L-MLH (white), I would stalk a short trade.
My idea is to wait for a potential pullback, a test/retest.
Hunt mode on...
P!
This can be done in the lower timeframes like hourly and even minutes...gee I hate these lower TF's because I'm not really good in these lower environments. But to evolve and to take bigger steps, one has to leave the comfort zone. So do I...
OK, here is a trade I consider:
If price closes below the L-MLH (white), I would stalk a short trade.
My idea is to wait for a potential pullback, a test/retest.
Hunt mode on...
P!
Anmerkung
While I was counting sheep, price broke through the CL.This is the part where it get's a little hairy, because now I want to be patient.
While I sit on my hands, price could simple leave without me if I was trading the underlying. That's the price of being patient.
And here comes another part of my method, using options as a vehicle to trade:
Because options add time to my trade, I could play this game immediately with a DebitSpread, or CallsSpread or RiskReversal and don't had to wait for that pullback.
But since I know that after a Centerline break there is most often a pullback, I wait and prepare for the sniper-shot.
P!
Anmerkung
Just a couple mins. bevor the opening, I wait to see the close in the Fork again.If it does, I enter this guy short.
P!
Anmerkung
The basic Idea is out the window, since price managed to stay above the SlidingParallel.Here's the new game plan:
If price shoots through the Mini-Fork, then a new potential trade is cooking.
P!
Remove subjective trading:
👉 Andrews Pitchforks applied by fixed rules
👉 Weekly structure maps for Indices, Futures, Energy and Crypto, plus the method behind them.
→ alphametrics.substack.com/?utm_source=tradingview
👉 Andrews Pitchforks applied by fixed rules
👉 Weekly structure maps for Indices, Futures, Energy and Crypto, plus the method behind them.
→ alphametrics.substack.com/?utm_source=tradingview
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Remove subjective trading:
👉 Andrews Pitchforks applied by fixed rules
👉 Weekly structure maps for Indices, Futures, Energy and Crypto, plus the method behind them.
→ alphametrics.substack.com/?utm_source=tradingview
👉 Andrews Pitchforks applied by fixed rules
👉 Weekly structure maps for Indices, Futures, Energy and Crypto, plus the method behind them.
→ alphametrics.substack.com/?utm_source=tradingview
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.