we are now explaining how do we take trade
so you don't have just an idea but actually the process behind the trade.
our entry trigger:
3 bullish confirmation on the macd
-macd with histogram forcast showing a bullish momentum
-macd4c showing a regression from the bearish momentum
-macd vxi showing that volatility is on our side
volume
-increase of volume giving us a good support to our macd trigger.
momentum rsi:
showing an entry signal
fib support- value area making our macd signal even more relevant
ema showing an global downtrend.
fondamentaly:
using a forex correlation matrix to see divergence between pair.
you have our tp and sl level so you can see were we see our idea become obselete or complete.
best regards, daniel forex analyst for richmonstocks.
so you don't have just an idea but actually the process behind the trade.
our entry trigger:
3 bullish confirmation on the macd
-macd with histogram forcast showing a bullish momentum
-macd4c showing a regression from the bearish momentum
-macd vxi showing that volatility is on our side
volume
-increase of volume giving us a good support to our macd trigger.
momentum rsi:
showing an entry signal
fib support- value area making our macd signal even more relevant
ema showing an global downtrend.
fondamentaly:
using a forex correlation matrix to see divergence between pair.
you have our tp and sl level so you can see were we see our idea become obselete or complete.
best regards, daniel forex analyst for richmonstocks.