Week 15-19 Oct 2018

These are the trade that I will follow during the week. I comment as an opinion and should not be taken as financial advice. If you have any doubt, read the Terms and Conditions of the site. 

ITUB tended to buy in the 4hr chart, on the left, so a buy trade was sought on the 1hr chart in the right, following the FisuOne methodology at the indicated entry and exit points. This trade give a 5% in the week.

In this example you can learn that having a 4hr buy trend this trend could change in the middle of the week and you could not continue with the buy trade in the 1 hour chart on the right, therefore you have to be careful, if you have entered long because when it crossed up the green line MA21 you have to see that price keep moving over this green line if not you have to move out the trade when it goes above the green line in the opposite direction. The market does not always maintain its tendency, any news can change it and that is why we have to trade attentively and with stop loss to avoid major losses. Although you can not always expect to win, and what you should never do is avoid calculating the risk and  trade without stop loss.

Cemex never showed a potential buy trend in the 4hr chart on the left, therefore it is not possible to trade the long side as it was proposed at the beginning of the week. If you look at the chart on the right of 1hr chart there was a short buying  trade at the beginning of the 15th day and it gave 4.35% but it does not count, since it has no tendency in the direction of the trade, it is better not to operate so as not to get used to it. You have to follow the rules.