Setup for Swing TradingNice combination and setup for intraday and swing trading on the Daily - 4hr - 1hr charts (structure, tactical, executional).
Triplescreenstrategy
ETHUSDT NEW SUPPORT? LONG TRADE TRIPLE THREAT CHARTSelf explanatory, hopefully this plays out well. Well wishes traders, bitcoin options market will play a part in this coming move, which is sure to happen in the next few days. Live long and profit.
Dr. Alexander Elder Triple Screen Trading StrategyAlex Elder is a trading teacher and writer.
Today I stumbled upon one of his strategies which I find very interesting.
It relies on 3 different time-frames screens for your entries condition.
The Market Tide is using a weekly indicator and we will only trade in its direction. Here we use the MACD histogram.
The Market Wave is using a 2 days oscillator to detect waves going against the Market Tide.
The third screen is intraday and used to find entries: when screen 1 and 2 are valid, we will look for a breakout.
We use previous day high and low as level for triggering our entry.
Maybe one day I will automate this system.. what do you think ?
/!\ Please note that without a good psychology and money management, a trading system is useless.
