This system work off 15 Min Charts. We are looking for 3 Things…3 reasons to entri the market.
1. DIRECTION
SHI Channell which automatically recalculated in real time gives us the direction we are going to trade. If slope is down we are only looking to sell. If Slope is up we are looking to buy.
IF THE THE CHANNEL IS THIN ( NARROW ) WE DON’T TRADE
If Price falls outside the channel…we don’t trade ( unless in trade already ) we wait for a new channel to form
2. ENTRY / EXIT
Remembering we only trade in the given direction of the slope of the SHI Channel
The Second is LaGuerre. When LaGuerre line cross down through .75 line ( top line ) look to SELL…..When the line crosses up thru .15 line ( bottom line ) look to BUY… if JUICE is still Green leave trade to opposite side of channel if it is Red then Exit trade when LaGuerre Reaches its Mid line (.45).
Perkyasctrend1 is for the weary and the last indicator to normally show Pink Dot Sell – Blue Dot Buy. This Indicator not Necessary for advance traders
Safety Stop…normally are 15 pips
3. VOLATILITY
This last but not least Indicator is called JUICE…. Never enter a Trade when Histogram is Red if all Indicators line up this is the last check and the Histogram shoul be Green
REMEMBERING.!!! We only Trade in the Direction of the Slope of the SHI Channel
No comments:
Post a Comment