I will be showing how to use the Stochastic Indicator (5,3,3) to also time our entry and also with confirmation with the Golden cross Rule.
I will be showing how to determine the trend of the market and also how to time our entry using the golden cross rule
We will be using the 7 & 14 MA to explain the Golden cross Rule.
The market is still very bullish and we will be looking an entry on the 1 hour timeframe
I will be monitoring price action inside the area of interest to see where the market is heading next. Will it be a breakout or reversal????? We love to react to what presents itself to us in the market than predict where the market is likely to go next.
I explained how to use the Fibonacci retracement/Extension tool on a trending market and how to key into the on-going trend to make massive profit from it also. In an uptrend, you take the Fibonacci retracement tool from the Swing Low to the Swing High and in a Downtrend you take it from the Swing High to the Swing Low. The most important ratios which i call...