specialkey wrote: Tue Mar 11, 2025 3:50 am
Thank you very much for the very useful explanations, dear VZU, at the moment captured in the screenshot I wasn't going to buy, I always wait for the coincidence of all three rules. I just thought that even when the colors of all indicators are aligned on the 30m chart, the daily trend will still be bearish (lower highs and lows).
So we're going against the trend.
Based on the image, I observe the following trends:
D1 (Daily): Uptrend
H4 (4-Hour): Downtrend
M30 (30-Minute): Downtrend
I have two possible entry scenarios:
Entry in the direction of D1 (Daily Uptrend):
First, I wait for H4 to align with the daily trend, meaning all indicators should signal an uptrend.
Then, I wait for M30 to confirm the alignment.
Once the 3 in 1 rule is met on M30, I enter a buy trade.
Entry if D1 turns bearish:
If the daily trend shifts to bearish and H4 remains bearish, I look for a sell opportunity.
I wait for the 3 in 1 rule to be met on M30 before taking a sell trade.
However, if I am scalping, I will use M5 to find early entries and smaller trades instead of M30, which I only use for intraday trades.