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ENTRY ON 5M Tuesday
Hi everybody,
Tonight we had a successful entry on the 5m tf,it was late night,and I didn`t take it...Please see pic.
We have had several successful1m entries,but ,as I explained yesterday,the situation,with price below/near the SATL,and related analysis showing the possibility of a temporary top,suggests that it is better that we keep on the 5m tf.
If price breaks the Chand,while SATL still blue,we can have the interesting situation of having the possibility of trading both sides..as a trading range strategy..would you do it?This is why I suggested KptMisiu to play with the Chand..What happens when Chand and SATL are opposite?Can you play both sides of the%R?If yes..on what tf,1M,5M ,and..where do you put the stop?Should you wait for an alignment?..Why don`t you play with the Chand so as to know the answer before the situation arises?
Try it..and enjoy it
Simba
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