S501! trade ideas
S50 1h--- State 1: Waiting ---
Buy signal = Green halftrend + LaRSI cross up
Sell signal = Red halftrend + LaRSI cross down
--- State 2: Open ---
Use Fibo and Open
~ Type 1
1. 50% @0.382
2. 50% @0.236
3. ST 4 points
~ Type 2
1. If price cross @1, Open 100%
2. ST 4 points
--- State 3: Close ---
If halftrend change, Close 100% @last
~ Type 1
1. 25% @1.618
2. 50% @2.618
3. 25% @halftrend change
~ Type 2
1. 50% @2.618
2. 25% @3.618
3. 25% @halftrend change
Reverse 100% @8
S50 1h--- Step 1 : Waiting ---
• Buy signal = green half trend + LaRSI cross up
• Sell signal = Red half trend +LaRSI cross down
--- Step 2 : Open ---
Use Fibo & Order
~ Type 1
1. 50% @0.382
2. 50% 0.236
3. ST 4 points
~ Type 2
If Price cross @1, Follow buy 100%
--- Step 3 : Close ---
1. If half trend change, Close 100% @last
~ Type 1
1. 25% @1.618
2. 50% @2.618.
3. 25% @ half trend change
~ Type 2
1. 50% @2.618
2. 25% @3.618
3. 25% @half trend change
Reverse 100% @8
S50U2022 - SHORTRisk taking decisions
Trade setup
1) Price reach supply zone
2) Price stay under uptrend line
3) Risk/Reward ratio more than 3
Trigger
1) Short if price break down from the wedge.
2) Short if price break up and fall right back below wedge
The Stop Loss
Close short if price goes above previous high
The Price Target
Target 1 : 980
Target 2 : 970
The lower targets are long shot
The Reward-to-Risk.
4.39 (Target 2)