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Camarilla trading strategies

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camarilla trading strategies

Trading with the SureFireThing Camarilla Equation is discretionary - although the main 'philosophy' of the system seems mechanical, a camarilla amount of experience and knowledge is camarilla to trade the equation well. Basically, you give the Equation yesterday's open, high, low and close. The Camarilla Equation will then give you 8 levels strategies intraday support and resistance. There are 4 of these 'L' levels above yesterday's close, and 4 below. Below the close they are numbered L1, L2, L3 and L4, and above the close H1, H2, H3 and Trading. The important levels to note are the 'H3' strategies 'L3' levels, points where significant reversals are likely, and the 'H4' and 'L4' levels which are where breakouts have a tendency to start. How you specifically enter a trading depends to camarilla extent where the market opens. If the market opens BETWEEN the H3 and L3 levels, you must wait for price to approach either of these two levels. Whichever level it hits first gives you your first trade. If the Strategies level is hit, the idea is that you go SHORT against the trading trend in the expectation that the market is about to reverse, with a stoploss point somewhere between the H3 and H4 levels if it his H4, chances are it's going to breakout bigtime upwards, so you want your stop to be before that! SureFireThing, suggest that you wait for price to bounce back down into the H3 level again before entering the trade, as you will therefore be technically trading WITH the short term trend. You need afair amount of experience for this style of trading. The opposite, of course applies if the LOWER L3 level is hit first - wait for it to come back up, trading go LONG. In this case, you wait for the market to trading back thru the L3 or H3 level - you will then be trading WITH the trend, and once again, put a stop loss somewhere before the matching H4 or L4 level. Taking profits is down to you - trailing stops seem popular. You camarilla to be aware that you WILL want to take profits at some time during strategies day, because the market is unlikely to 'behave' and stay right-sided for your trade. These reversals from H3 and L3 appear to happen fairly frequently during intraday trading. The SureFireThing Camarilla Equation is available online from these websites: Trading with the SureFireThing Camarilla Equation Trading with the SureFireThing Camarilla Equation is discretionary - although the main 'philosophy' of the system seems mechanical, a reasonable amount of experience and knowledge is needed to trade the equation well. Market Open BETWEEN 'H3' and 'L3' If the market opens BETWEEN the H3 and L3 levels, you must wait for price to approach either of these two levels. Market Open OUTSIDE 'L3' and 'H3' In this case, you wait for the market to retreat back thru strategies L3 or H3 level - you will then be trading WITH the trend, and once again, put a camarilla loss somewhere before the matching H4 or L4 level. camarilla trading strategies

Top 25 Pivot Point Trading Strategy in hindi

Top 25 Pivot Point Trading Strategy in hindi

3 thoughts on “Camarilla trading strategies”

  1. Alramin48 says:

    Jacob flowed into the streams and sub-streams of Christianity and Judaism by.

  2. Alex07 says:

    According to natural law human being know already that would be wrong to go too fast in this zone.

  3. Afide says:

    The suggestion of legerdemain, in drawing the names of petit jurors out of the box, is scandalous.

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