sunny2way replies to: Volume directions 1-2-3 swings trading

Entry rules: Once the price makes it through the “S/L Line” – dotted white line on the figure below (drawn using the latest price peak) – and closes above (for uptrend) or below (for downtrend) the line buy/sell accordingly

Exit rules: not set. However, exit can be found using Fibonacci method; or traders can measure the distance between point 2 and point 3 and project it on the chart for exit.

Additions: as an additional tool traders can use TicksSeparateVolume The rules for entry then will be next – let’s take a SELL order

When Both Ema lines cross downwards, you look for 1-2-3 set-up to form. When the price starts “attacking” the “S/L Line” you check that volume directions is still in SELL mode (two lines are heading down). Once the price closes below the “S/l Line” – place Sell order.

life is short.enjoy your coffee…

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