Where you been man! Missing your analysis on everything. I'm always checking weekly on your hidden gem view on the markets. Keep up the great work man :)
Avery_Upton
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@louball, Hello, thanks for the kind words. I don't really do much charting anymore. I have arrived at a very basic trading style. Here are the rules. 1. Break of structure. 2. wait for a retest of the previous high break and candle close above the break, which has now become support. 3. Look for the most recent order block and make a target. 4. Once the price crosses 60 on RSI and the price has held support place a buy order. 5. Sell at a retest of the previous order block. That is it. All the best.
@louball, Seven steps three indicators, and being sensible with how much you trade. Try it! Once you can see, you will not need anyone else. All the best.
Avery_Upton
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@louball, One last thing, Buy on the break above the retest candle (set an alert) - the red one. Place a stop just below the break line. I used the 2nd green order block as the first was too shallow against the buy order. Look for price imbalance, trapped liquidity as a target too. An order block near a price imbalance has good odds of being claimed. On this trade, I used the 50% range of the price imbalance as my sell target. If you use 1.5 to 1 or 2.1 or even 3.1 risk-reward, with your stops, you will have a much longer trading experience. RSI must always be above 60 for a buy. If it is not, don't buy.