hi everyone !
Just want to share this 5 mins expiry strategy here. It is an extension from another thread. Please refer to this link where it all began.
Not much difference, fundamentally. we are still making entry base on market's momentary overbought and oversold conditions. Be it a momentary pull back during a trend or a full reversal, this strategy can assist in your decision for making entries under such conditions.
This strategy does not belongs to me but rather it is a combination of several strategies found over at BOD and here as well. In essence we are all trading for pullbacks, reversal and bounce, this strategy is just one of the many and it was result of a mashup of several threads.
Lastly, this strategy is not a crystal ball. It only gives u a stream of information to assist u in your entry decision up to that moment before u make the entry.
So let's be realistic. A strategy is as good as the strategist.
i would like to give thanks to Bryan Mac, Holy Fire, Ronmark and Tradesmart for their selfless contribution to this strategy unknowingly.