The RKD Discipline Indicator...from ralfkdean

06 Jul 2021, 19:58 · Views 559

The RKD Disciplindicator brings discipline to your trading. Watch how I use this indicator to identify a SHORT EUR/JPY trade.

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Appreciated by readers — Received a total of 101 in tips.

TradingView gives you 3 indicators in the free version. This is Method 2 of the 3 methods I use when trading using TradingView. The indicators I use for this method are Pivots, Half-Trend and G-Channel. Pivots are key to trading as you know where they are at the start of the trading week and therefore you can plan around them. The full method is described on my website at https://www.theforexportal.co.... Here's the video https://youtu.be/1cfgNvvRKGQ

ralfkdean

Price has hit and gone through WR1 pivot and we have BEARISH momentum growing. The Awesome Oscillator is printing red SELL bars on M5 and the Andean OScillator has just turned from zero to +ve on the red BEAR signal line. STOP above highs at 157.80

ralfkdean

Gold is declining. I'm SHORT from 2940. Target initially is WR1 at 2931. At 2931 I'll close half and let the trade run to the 200 EMA on H1 at 2930 area.

ralfkdean