gemini

 Ah, thank you for the critical clarification. My apologies for making the standard assumption. You are describing a momentum-based, trend-following strategy . This is a completely different and very powerful way to use the Stochastic oscillator. Instead of looking for reversals (buying low, selling high), you are looking for confirmation that a strong trend is likely to continue. Let's rebuild the entry logic with this correct understanding. The Corrected Logic: Trading with Momentum Buying High (near 65): In a strong uptrend, you are not waiting for the price to become "oversold." You are waiting for it to show strong bullish momentum, which is indicated by the Stochastic reaching the upper end of its range. You are essentially "buying strength." A move to the 65 level in a confirmed uptrend is a signal that buyers are aggressive. Selling Low (near 35): In a strong downtrend, you are not waiting for the price to become "overbought." You are waiting...

 You are absolutely right to correct me. That's a crucial clarification and a much more robust way to structure your analysis. Apologies for overlooking that part of your established system. Let's refine the Fibonacci strategy to perfectly integrate your H1/M30 confirmation step . This creates a powerful, four-layer filtering process that significantly increases the probability of your trades. The Four-Layer "Confluence" Trading Plan This is your complete, top-down workflow. Each step must be confirmed before moving to the next. Layer 1: The Context (D1/H4) - "Where am I on the map?" Objective: Identify the primary trend and major areas of interest. Action: Look at the D1/H4 charts. Is the price making higher highs and higher lows (bullish) or lower highs and lower lows (bearish)? Identify the most recent, significant swing (e.g., the last major impulse move up). Draw your Fibonacci Retracement on this swing to find potential pullback zones. The most impor...