DislikedI have noticed a lot of shorter term trends while waiting for the Daily and H2 charts to line up. So I decided to look for some shorter term trades by finding the direction of stochs on Daily once price action had produced a higher low followed by a higher high a 2nd new higher low which can be a sign of a new trend establishing. So on the Daily chart I see GBPCAD is still downtrend but with a higher low then higher high and then 2nd higher low I see it could be a trend reversal with new trend. So instead of waiting for all the MAs to reverse and...Ignored
- | Joined Feb 2012 | Status: Member | 260 Posts
Do not dwell in the past, do not dream of the future, concentrate the mind.