Fruit - Get in the Next Trend before others.
This strategy provides an efficient way to get in the market at the top of the wave and ride the trend until it ends.
Use the Fruit for Reversals or Time Entries into Wave 3 or Wave 5
Time Frame: This is our prime strategy for trading the Daily and Weekly Charts. [ONLY]
Comments on Exit: I moved SL just above the box. I thought it might get PCfied but I took the risk. so from that point of view a DS1. but then again, it was somethign i could have dealt with stayed longer. hmmm
I knew it might be PC... but because I thought it was wave 4, over analysis, forgot that my original analysis was that it was 1-5 complete. so 1-2 wave happening ... so I should have tuck with that thought.
Instead i started thinking of going long ... too many template changes and too much thinking.. but it was a technical BE trade.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
immy wrote: 22 Sep 2017, 13:30
Comments on Exit: I moved SL just above the box. I thought it might get PCfied but I took the risk. so from that point of view a DS1. but then again, it was somethign i could have dealt with stayed longer. hmmm
I knew it might be PC... but because I thought it was wave 4, over analysis, forgot that my original analysis was that it was 1-5 complete. so 1-2 wave happening ... so I should have tuck with that thought.
Instead i started thinking of going long ... too many template changes and too much thinking.. but it was a technical BE trade.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
The analysis:
Its completed , possibily, a 1-5 down. Time for a reversal up. into either a new 3 or it may just do a 4 up. lets see which one is it. Small fruit entry to find out. if it goes in our favour that means momentum will turn around, that is 3 green bars. so we wil ladd on, if it then breaks a fractal above the red line, we are fully loaded... lets see.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
