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renofaith replied Dec 23, 2018Same pair, same Hourly chart. One is showing HD, one is not. Thx Reno
One Hour Sniper (OHS)
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renofaith replied Dec 23, 2018Settings update I began using the stochastics indicator with the following settings 21, 4, 3... hi/lo... smoothed. At one time, this is all I had for indicators. I was/am thrilled with the divergence trades I'm able to find and trade. The other ...
One Hour Sniper (OHS)
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renofaith replied Dec 23, 2018I have gone back to more common settings and I've added an RSI/EMA indicator. This will work on any TF. Thx Reno
One Hour Sniper (OHS)
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renofaith replied Dec 23, 2018While watching the higher TF, watch for a hook in the stochastics. Also keep an eye on the HA candles on the lower TF, all candles give clues. Thx Reno
One Hour Sniper (OHS)
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renofaith replied Dec 23, 2018I'd like to wish all of you a wonderful Christmas and a blessed New Year. Remember Jesus is the reason for the season. Regards Reno
One Hour Sniper (OHS)
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renofaith replied Dec 23, 2018Friends, this is not the Holy Grail. I like this strategy a lot. This trade I definitely would've taken, I would've lost. Thx Reno
One Hour Sniper (OHS)
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renofaith replied Dec 23, 2018I absolutely would've taken this. 5 min ChJ HD RD Wait for the RSI/EMA cross. Beware the spread on these crosses.
One Hour Sniper (OHS)
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renofaith replied Dec 23, 2018Big swings in the stochastics for me to consider trading. It's your money. Thx Reno
One Hour Sniper (OHS)
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renofaith replied Dec 23, 2018I posted this chart to show what I look for on my stochastics. Regardless which line I use to plot my trend line, I like to see a big difference between any high or low on my stochastic. I prefer 30 units difference between the two points. If I ...
One Hour Sniper (OHS)
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renofaith replied Dec 23, 2018I have mine set on Hi/Low and simple. Using the smoothed would likely be fine. I've missed a number of opportunities with other indicators. Thx Reno
One Hour Sniper (OHS)
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renofaith replied Dec 22, 20182 of my favorite pairs to trade during the holidays are GJ and EJ.
One Hour Sniper (OHS)
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renofaith replied Dec 22, 2018I do hold my trades over the weekend. I currently have 3 open trades. I also trade around holidays. This is my account, I trade it as I wish. We all know something could happen over the weekend, I could lose my money. Getting out of bed is a risk. ...
One Hour Sniper (OHS)
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renofaith replied Dec 22, 2018Nothing like a couple of simple indicators to tell me price will 'continue' in a particular direction. 1H is my favorite TF. Thx Reno
One Hour Sniper (OHS)
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renofaith replied Dec 22, 2018Why is this trader waiting on a silly RSI/EMA cross? The following is a chart that shows why. Pulling the trigger on red candle 1 would have cost. Pulling the trigger on candle 2 would have brought a smile. Now, look for the cross. In the 2nd ...
One Hour Sniper (OHS)
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renofaith replied Dec 22, 2018My favorite TF. Here are 2 easy HD trades back to back. Set the alarm for midnight. Trading the Euro on the hourly chart. Price above EMA Stochastics was spot on. RSI/EMA cross was as needed. A trader should have been thrilled with 3R on this day, ...
One Hour Sniper (OHS)
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renofaith replied Dec 22, 2018I risk no more than 1% on HD and no more than .5% on RG. thx Reno
One Hour Sniper (OHS)
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renofaith replied Dec 22, 2018Total of 3 good trending trade opportunities on the 1m chart. Why would any trader not use the only 'leading' indicator for the markets. If you're trading regular divergence, plot and trade based on the price closing above/below the trend line. Hope ...
One Hour Sniper (OHS)
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renofaith replied Dec 22, 2018Scalpers Ahoy! Rarely do I trade the 1m. This trade I would've taken. Enjoy, Reno
One Hour Sniper (OHS)
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renofaith replied Dec 22, 2018Take profit. If you find one of my charts, you'll see I take money off the table at certain times if my lot size will allow it. I have no formula for this. I manually trail my stops which you should see on my Aud/Jpy trade. I often follow fractals ...
One Hour Sniper (OHS)
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renofaith replied Dec 22, 2018The entry on this hidden divergence trade happened on a close below the 34 EMA. Thx Reno
One Hour Sniper (OHS)