If you want to improve that percentage don’t enter trades on MACD crossovers near the midline. Do not buy calls when the MACD is above the midline and don’t buy puts when the MACD is below the midline. You’ll get at least 10 trades a day with a 90% plus accuracy rate.
I know why most of the traders who use Fibonacci are failing: because the Fibonacci tool is related to the Elliott wave principle. Without it, you‘re using the Fibonacci tool wrong.
@TRADINGRUSH Noted.. could you please backtest the turtle trading strategy by Richard Dennis, I know you don't like doing that anymore but, it was a very popular and controversial concept that is still said to work by some traders in the community.
currently using MACD with a 58% winrate and a RR 1/2 on 4 hour candles uptrending stocks only !
If you want to improve that percentage don’t enter trades on MACD crossovers near the midline. Do not buy calls when the MACD is above the midline and don’t buy puts when the MACD is below the midline. You’ll get at least 10 trades a day with a 90% plus accuracy rate.
Midline is the zero line, I assume? Where do you set your stop loss?
Fib levels in the absence of wave counts never quite made sense to me.
@@jamesthompkins8935so when do we buy? You only mentioned when not to buy😅
I know why most of the traders who use Fibonacci are failing: because the Fibonacci tool is related to the Elliott wave principle. Without it, you‘re using the Fibonacci tool wrong.
The man is back!
your mac D video and everything else after has truly made me less fearful of trading.
he is back!!!
Will the real Rush Trady please stand up ?
Learn Elliot Wave Principle/Theory - it includes Fibonacci as a part of Elliot Wave. 🤓 📈
Very helpful well done
DR/IDR range
Now i understand why i do not use the Fibonacci. Thanks for the data backed information.
*welcome back*
I'm confused. He is teaching us how to make a lot of money, but he still needs $5 monthly on PATRON!!! WHY???
I thought fibz don't work.. watched the rankings video
That is correct. The fib numbers and the strategy based on them don't work according to the data.
I used it in a different way.
@TRADINGRUSH Noted.. could you please backtest the turtle trading strategy by Richard Dennis, I know you don't like doing that anymore but, it was a very popular and controversial concept that is still said to work by some traders in the community.
Fibonacci is not a strategy it's a tool 😅😅😅😅
A tool used as a strategy for late entries
It´s a casino, forget trading
Explain?
@@Echelon-onlyHe lost...
Lol
Start trading before you get left behind.