H4 Pistachio charts are for weekly trade planning. These charts are not intended for trading. They are meant to align you with the market by giving you the direction of the market ( / / ranging) and the expected limits where price should move during the week.
Try to trade with the trend by waiting for price to go into the buy/sell zone before taking a position according to your trading style. Also, be realistic in your targets by using the target zone as a possible area where price could correct or even reverse.
Note: Some weeks you will notice that price will trade against my trend direction but will never break the market limits. That is just a sign that market is in a correction phase
** You can access all my Pistachio charts by clicking the 'PCP tag on my page
Waiting to enter the buy zone
A very good question
Market structure is the king. It even comes before KS.
There is a special case when KS turns while the market structure remains intact. I have a setup for that (still in development) that i call the KS stretch
This chart is an example of the KS stretch
Once I finalize the development of the setup, i will publish it
So in short, the market structure is still intact but KS is taking a short trip in the opposite direction. It might continue or it might align itself with the market structure. Probably the second but we will have to see
Thank you for the question
I'm currently looking to get into the oil and metal trading maybe forex but that one is on the end of my list.
I do not know if this question is appropriate but do you also use FXCM or just another trading platform?
I already looked at so many different brokers that I can't see the forest through the trees anymore.
I understand that this is sensitive info so if you would like to keep this to yourself I completely understand.
Have a nice weekend and happy trading.