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Humphrey’s Strategy
I’ll try to keep things very succinct. For Trading is simple, but undisciplined mind-set complicate things through application constant changes.
I have two set rules for my trading:
#1 Be Disciplined
#2 Be Patient
My trading strategy work within these parameters by constantly questioning myself if I had done my due diligence. You don’t have to do this.
STRATEGY
1. Look for correlating signals on 15-mins, 5-mins and 1 min. charts. All aligned pink or super arrows on the 15 and 5-min charts in the same direction.
2. Wait until your 1-min signal is set on your 1-min chart. CAUTION: Ensure that you are not trading down at Support level or trading UP at Resistance levels on the 1 and 5mins charts.
3. Trade Entries: Set the Expiration to a minimum of 5- and 15 mins. Enter as many trades as it’s possible in the direction of 5- and 15-mins. arrows. (Typically 7 – 15 trades at a time.)
The number of trades you can take may depend on your Broker’s platform speed of trade repetition and what price you think is fair compared to your anticipated rise or fall.
4. Wait for trades to expire and you are most likely to get more wins than you lose if you follow the rules.
NOTE: I have found that one experiences greater win ratio when you get in at the first candle with pink signal on the 1-min chart. I prefer pulling the trigger with super arrow or pink followed by white on the 1-min.
WARNING: Never use this strategy during macro-economic news unless you intend wiping out your account capital. If you are nursing that idea please remember to hand them me and I will keep thanking you for the rest of my life.