TD Indicator Possible Entering Long Position
Updated
Im quite new to trading so nobody should take this idea as a advice or something, Im more interested what your oppinions about that.
What I see is a Perfected 9 (would be a sell signal) followed by an 1-4 intervalls Pullback which could probably lead to another Bullrun to new ATs (this is an explenation often used by Tone Vays.
What I do is to wait until the current candle finished in 15minutes, and if there is something like a Hammer I enter a Long Position as shown.
What do you guys think about that?
What I see is a Perfected 9 (would be a sell signal) followed by an 1-4 intervalls Pullback which could probably lead to another Bullrun to new ATs (this is an explenation often used by Tone Vays.
What I do is to wait until the current candle finished in 15minutes, and if there is something like a Hammer I enter a Long Position as shown.
What do you guys think about that?
Note
Ignore the TD Sequential 2 Report down there, the Buy / Sells shown in the graph are just a test, so this has nothing to say.Note
Also to say that the Weekly TD Indicator shows still a Bulltrend for some more weeks, this Week we should go up a bit higher before the week finishes.Trade active
There is something like a Doji, maybe its to early but I am going to get into this trade.Note
Trade active (Im trading in EURBTC):My Entry: € 4989 = $ 5787
Target: € 5430 = $ 6300
Stop Loss: € 4887 = $ 5670
Lets see how this goes, the Stoploss is quite near to the entry so its a lower risk/reward trade and the loss is not that big if it doesnt go the directionn I want it to go.
Note
Actually in the 1 Hour Timeframe it looks even better,Note
Does not look good, in $ the SL got hit so the Trade should be over, nevertheless as Im trading in € it got not hit there yet so im still in for now.Trade closed: stop reached
Trade Stopped, stop reached.
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