[b]Catching the PIP's with my sonar radar Setup[/b]
GBPUSDDescription:
- GBP/USD shows strong support within DeMarker indicator (DeMarker was used to replace RSI and Slow Stoch)
- MACD and MACz Vwap shows continuation of the bullish uptrend for hourly and daily chart high time-frames
- Within opening bell wait for [RS] Fractals v9 TUX EMA Scalper and CM_PSAR EM Envelope confirmation for the entry positions.
- Put your S/L within the EMA BB and use MTF EMA and 3EMA as the support and resistance of your positions.
- Look at the different time-frames to minute, hourly and daily for trends and patterns
- This is good for intraday/swing trades not scalping short time frames. If you want to scalp look for [RS] Fractals v9 TUX EMA Scalper and CM_PSAR EM Envelope confirmation .
- Good for traders sitting at the desk waiting for the trend confirmation. Very High expected PIPs return when the strategy followed the trend.
- Good luck traders and happy hunting !!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.