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D2H2M

 
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abner.amador

D2H2M

Hello! Here is a suggestion for the strategy that helped me pass Silver 1 and Silver 2.

[D2H2M] Day to Hour to Minute Strategy

Strategy Summary:
The goal of this strategy is to Identify the Daily Trend (Bull or Bear) and use that direction to decide to place BUY or SELL trades.

Steps:
1. After choosing a currency, go to the Daily Chart and identify if the trend is Bull or Bear.
Support the decision by using the Stochastic Indicator.
2. Once the daily trend has been identified, go to the 1 Hour Chart and using the Stochastic Indicator identify if the trend matches the Daily Trend.
If it matches, then go to step 3. Otherwise, check a different currency and go to step 1 or just wait an hour or two until the Daily trend is matching the hourly trend.
3. If you are certain that the Daily and Hourly trend are matching, then use the 1 minute chart to decide when to enter a trade.
4. Set up a TP for 1, 2 or 3 pips then use the Stochastic indicator to pick the moment to enter the trade.

If you have comments, please feel free to post them on the fourm

Happy trading!!

Sun, 02/10/2019 - 8:48pm
 
aditya.palande

Ah yes, this reminds me of the Alignment Strategy video I just saw. Interesting learnings from this...