TRENDING STRATEGY WALK-THROUGH 3/2
This would be my drop to a 4HR chart for my ENTRY EXECUTION.
My next step is to set alerts at the S4 CAMARILLA level, as I then want to check that all our ENTRY REQUIREMENTS have been met:
a.)->A TRENDLINE break (support/resistance break in-general)
b.)->A BULLISH PPMA crossover (often happens BEFORE the trendline break even!)
c.)->PRICE ACTION closing ABOVE BOTH PPMA's
*Through this all, our PRIMARY TREND must remain in good health!
*Our trades need to be managed based on PRIMARY TREND health afterall!
*Once PRIMARY TREND momentum begins to die, and we have a WEEKLY
CONDITIONAL CHANGE (BEARISH PPMA CROSSDOWN, ETC.) then we exit
all of our positions and STAND-BY.
My next step is to set alerts at the S4 CAMARILLA level, as I then want to check that all our ENTRY REQUIREMENTS have been met:
a.)->A TRENDLINE break (support/resistance break in-general)
b.)->A BULLISH PPMA crossover (often happens BEFORE the trendline break even!)
c.)->PRICE ACTION closing ABOVE BOTH PPMA's
*Through this all, our PRIMARY TREND must remain in good health!
*Our trades need to be managed based on PRIMARY TREND health afterall!
*Once PRIMARY TREND momentum begins to die, and we have a WEEKLY
CONDITIONAL CHANGE (BEARISH PPMA CROSSDOWN, ETC.) then we exit
all of our positions and STAND-BY.
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