Friday, June 30, 2023
HOLLYWOOOD TRADES AND RAIN MAN MANUAL
5:08AM EST - 5:29AM EST
THE CURRENCY TRADING MANUAL GUIDE FROM HOLLYWOOOD TRADES ISAIAH LEE NOBLE AND THE RAIN MAN CHAD XZAVIER HARRIS
WRITTEN BY: CXH FROM NOTES WITH ILN
CHAPTER ONE: THE INDICATORS AND CHARTS TO USE
YOU SET UP THESE META TRADER INDICATORS ON YOUR META TRADER PLATFORM; RSI 2 RELATIVE STRENGTH INDEX, CCI 200 AND CCI 17 THE COMMODITY CHANNEL INDEX IN BOX ONE. BOX TWO CONSISTS OF THE OSMA MOVING AVERAGES OSCILLATOR OR OSCILLATOR OF MOVING AVERAGES AND RSI 14 AND CCI 17.
NOW HERE IS HOW YOU PROCESS THESE INDICATORS.
THE CHART WE ARE USING IS THE 5M CHART VS THE WEEKLY CHART.
WE NEED TO KNOW THE WEEKLY LAYOUT SO WE KNOW OUR SHORT AND LONG DIRECTION.
THE 5M OSMA IS THE DIRECTION THE PRICE MOMENTUM IS GOING AT THE MOMENT.
THE 5M OSMA AND CCI 17 PERIOD IS THE DUO YOU USE.
THE RSI 14 STARTS SELLING AT 55 LEVEL AND STARTS BUYING AT 45 LEVEL.
WHEN THE CCI 17 GOES POSITIVE THE RSI 14 WILL BE APPROACHING 45.
AT 50 THE BUY REVERSAL BEGINS AND AT 50 THE SELL.REVERSAL BEGINS AS WELL.
THIS IS REFERRED TO AS RSI NEUTRAL TERRITORY.
THE 5M OSMA WILL CONVERT FIRST FOR XAGUSD SILVER AT LEAST. THE OSMA WILL CONVERT THE CCI AS THE RSI 14 CORRESPONDS AT 50.
BY THIS TIME THE CCI 200 WILL HAVE ALREADY BEEN PUSHED TO -220 MEANING THE MOVING AVERAGE LEVEL 200 HAS BEEN BREACHED AND THE OSMA AND CCI CONVERSION WILL BE HAPPENING IN THE NEAR FUTURE.
THE RULES OF ENGAGEMENT ARE TO FOLLOW THE 5M OSMA AND CCI 17 UNTIL THE CCI 200 GETS CONVERTED WHILE RSI RISES OR FALLS ABOVE OR BELOW LEVEL THEN TO WAIT FOR THE CCI 17 AND OSMA TO BE CONVERTED AGAIN.
YOU USE INVESTING.COM TECH CHART TO WAIT FOR THE MOVING AVERAGES BOXES SCORE TO BE 12 TO 0 RED OR GREEN. AT 12 TO 0 MA SCORE THE 200 PUSH OCCURS. WHEN THE CCI AND OSMA 5M REVERT OR CONVERT YOU TAKE THE OPPOSITE.
AT THIS POINT YOU SET YOUR TAKE PROFIT AT THE HIGHEST OR LOWEST PRICE LEVEL ON INVESTING TECH CHART IF YOU ARE NOT GOING TO WATCH THE CHART UNTIL THE CCI AND OSMA SWITCH AGAIN.
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