bnaimy
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I was on an outdated setup and I never had a tick chart, I imputed everything you said and we will have to see over the next few weeks where we are.
I might be reading the charts wrong .I first look to the higher time frames (10 most important)
then I look to the 1 min (now the 89tick) to make sure it is over or under the moving average
then make sure my 3 min slow stoch, isn't overbought or over sold
make sure the macd isn't going against me
This is the main indicators i am looking at, and in this order.
Am I off on anything?
also , how long do you wait once the 89 tick has crossed the moving average until you are ready to enter your trade, lately(last 4days) once it has crossed it has been running down a bit.
Thanks a tom for your help
You still need the 1min chart, idident say anything about removing it.
I am no longer using a moving average on a 89tick chart, only a slow stochastics.
So please look at page 109 and read that setup its very similer and easyer to understand.
Other then that you are doing okey with your order, when the 98tick does cross then go long/short, no need to wait for it to go below the moving average and no need to wait for the stochastics to point down.
But again, go to page 109 and use that method, as that will give you a better edge.
With kind regards
Bashir Naimy