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Re: Marco's Smashing Potatoes Trading System

Marco_Sousa, Sat May 01, 2021 9:52 am

EUR/USD this morning when NY opened:

You can see the advantage of using different Time Frames to help us decide when to enter a trade.
In the picture you can see:

All 3 charts when NY opened this morning show us as follows:
Price was bellow the 200 EMA (so we were in a downtrend)
We had a sell signal 20 mins after the NY opened:
5 mins TF
8 EMA was RED
Super Trend histogram turned RED
15 mins TF
8 EMA turned RED 1 candle after NY opened
Super Trend histogram was RED
Hidden Divergence on our side 3 candles after NY opened gave us more chances of success
30 mins TF
8 EMA was RED
Super Trend histogram was RED

When to exit the trade and cash it:
Remember that the sell signal was given at the same direction of the Trend,
1st option exit: When we had Divergence against our trade 2 hours and 10 mins after NY opened
2nd option exit: When 8 EMA turned BLUE on 5 min charts almost 5 hours later NY opened

Medium impact news 30 mins after NY opened were very good to US Dollar, giving us more chances of success.

Any questions i am available
Enjoy your weekend
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