Better late than never to start this. Been very busy outside of trading with this 2nd amendment bull shit.
I trade waves and enter on divergences. If the trend is very heavy I'll enter on m1 hidden divergence (especially if its one of the first retracement waves).
If not one of the first retrace waves, I'll wait until the M5 shows hidden divergence (INTRADAY PA+Momentum STRATEGY)
TOOLS I USE:
RSI (2) on all time frames.
Daily Pivot (and S+R levels)
Moving averages for visual reference of a trend and visual reference as to the general price area I should be waiting for a hidden divergence and candlesticks to validate a new entry.
NOTES:
Most gains this year are on EJ.
I like to start the year slow and with low leverage so I have a cushion to work with. As the weeks pass on, I will likely take on additional risk.
I don't hold positions over the weekend even if they are in profit.
NOTES TO SELF:
Will keep balance chart up to date at the end of each week (each day if I can remember)
I trade waves and enter on divergences. If the trend is very heavy I'll enter on m1 hidden divergence (especially if its one of the first retracement waves).
If not one of the first retrace waves, I'll wait until the M5 shows hidden divergence (INTRADAY PA+Momentum STRATEGY)
TOOLS I USE:
RSI (2) on all time frames.
Daily Pivot (and S+R levels)
Moving averages for visual reference of a trend and visual reference as to the general price area I should be waiting for a hidden divergence and candlesticks to validate a new entry.
NOTES:
Most gains this year are on EJ.
I like to start the year slow and with low leverage so I have a cushion to work with. As the weeks pass on, I will likely take on additional risk.
I don't hold positions over the weekend even if they are in profit.
NOTES TO SELF:
Will keep balance chart up to date at the end of each week (each day if I can remember)
Be hopeful in a winning position, and fearful in a losing position.