2. Perfect Trade (Manual Swing Trade) Steps (Summary) (In Trading Decision Chart) 1) Open any charts that you want to trade as early as possible to collect data. 2) Swing Chart is any chart that contains 1 oscillation in per day or less. 3) Prime Trading PPF trade through to Prime Trading Breach. 4) Wait for Histogram Oscillation either in Prime or at least (> 0) greater than the zero line. 5) Look for PF Bar 6) Look for Confirmation Bar. 7) Look for Entry Bar 8) Place Entry Order on Next Day Open following Entry Bar, even if Entry Bar is first bar of day (Open is subjective to your time zone. Just be time consistent to your order placement) 9) Set Initial Stop Loss to Entry PPF, (+) 3 or (+) 7 Ticks (based on your own personal level of risk tolerance), and repeatedly move Stop Loss to previous day high or low depending on trade direction, until Stopped Out, or next fastest charts Prime Trading PPFs or Exit strategy is achieved. Rules (Detail) (In Trading Decision Chart) (1) Open any charts that want to trade as early as possible to collect data. - Start open chart from 7 Constant Volume Bar increment. (No trade until increment is at least 49 (CVB) Constant Volume Bar Chart. [Some markets arenât traded in Volume so a Tick chart is necessary] (2) Change to slower chart when more then 1 oscillation in 1 day occurs. - Change to 1 fractal slower chart if more then 1 label plot inside same day. Chart is any chart that contains 1 oscillation in per day or less. (3) Look for Prime Trading PPF trade through to Prime Trading Breach setup. - When PPF label shows then confirm previous label is Breach label. (4) Wait for Histogram Oscillation either in Prime or at least greater than (> 0) the zero line. - For Long Position Histogram has to be in up direction and value greater than (> 0) than the zero line but less than -10. - For Short Position Histogram has to be in down direction and value greater than (> 0) than the zero line but less than +10. (5) Look for PF Bar - Look for PF Definition in Book (6) Look for Confirmation Bar. - For Long Position look for Swing Bar Low that is Higher then Previous Swing Bar Low. - For Short Position look for Swing Bar High that is Lower then Previous Swing Bar High. (7) Look for Entry Bar (8) Place Entry Order on Next Day Open - Place Entry Order on Next Day Open following Entry Bar, even if Entry Bar is first bar of day (Open is subjective to your time zone. Just be consistent to your order placement). (Exit Position) (9) Set Initial Stop Loss to Entry PPF, (+) 3 or (+) 7 Ticks (based on your own personal level of risk tolerance), and repeatedly move Stop Loss to previous day high or low depending on trade direction, until Stopped Out, or next fastest charts Prime Trading PPFs or Exit strategy is achieved. - After initial entry, set stop loss either 3 or 7 Ticks outside the PPF - After first day, then move the stop loss to previous day low for long position, previous day high for short position when start profiting. - Stop may be adjusted to Histogram Oscillations on Charts where 1 Oscillations occurs every 7 days or more. Adjust Stop off low [(+) 3 or 7 Ticks] for long position and off high [(+) 3 or 7 Ticks] for short position. - Stop may be adjusted to Prime Trading PPF Oscillations from the next fastest chart from the Swing Chart. - Repeat until stopped out or further Exit strategy is achieved. - Any ERG or Histogram Oscillation in Prime, and PPF exit immediately. - For Long Position exit immediately upon confirmation of Oscillation. - For Short Position exit immediately upon confirmation of Oscillation. - Any ERG or Histogram Oscillation not in Prime, and PPF exit immediately. - For Long Position exit immediately upon confirmation of Oscillation. - For Short Position exit immediately upon confirmation of Oscillation.
To clarify . . . "any ERG histogram or ERG oscillation" in the above 2 pts refers to the trading decision chart or execution chart, or either?
Execution chart will oscillate first but there is only an ERG oscillation on that chart. A Histogram would have to come from the Trading decision Chart.
Your link is to a poor explanation of another different method (5-34 MA crossover?), unrelated to the topic of this thread. It is then: a-An ignorant/innocent post. (Benefit of the doubt given). or b-An ill-will attempt to pollute the thread. You still have the chance to clean up after yourself. JW