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Plazo Falvo Capital (By joeyplazo)
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Plazo Falvo Capital Discussion
Sep 07, 2021 at 04:15
Member Since Jan 06, 2020
11 posts
Rules for this system:
1. Trade only indices.
2. Go LONG only. Support the growth sentiment of the economy. Plus, indices appreciate long term and rarely plummet.
3. Consult two timeframes: H4 for master trend and H1for entries
4. The Money Flow Index on H4 should be green and the VWAP sloping up
5. Enter the buy position on H1 when the Vix Fear Index signals a crash, ideally rejecting Daily/H4 support and is oversold on the 2 period RSI.
6. This system does not require a stop loss. But if you must, set it at the last H4 swing low.
7. Take Profit- nearest H4 swing high or 2X the stop loss. Recommend partial volume close at 200 to 500 points
1. Trade only indices.
2. Go LONG only. Support the growth sentiment of the economy. Plus, indices appreciate long term and rarely plummet.
3. Consult two timeframes: H4 for master trend and H1for entries
4. The Money Flow Index on H4 should be green and the VWAP sloping up
5. Enter the buy position on H1 when the Vix Fear Index signals a crash, ideally rejecting Daily/H4 support and is oversold on the 2 period RSI.
6. This system does not require a stop loss. But if you must, set it at the last H4 swing low.
7. Take Profit- nearest H4 swing high or 2X the stop loss. Recommend partial volume close at 200 to 500 points
Money is something you need in case you do not die tomorrow
*Commercial use and spam will not be tolerated, and may result in account termination.
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