there is a sell signal on the 5m
the red vertical line running through the second white ashi.
this is a tuff one.
I'm not sure these trades are counter trend..
since I am using the 5 min to define the trend. and then trading it on the 1 m.
if the 5 min says trend is down,then that is the trend..
will watch this and see if these trades are worth the risk.
the question of countertrend is there becasue on the 5 min fisher is above 0
and transform is also above 0
not much umph to the move probably...
the red vertical line running through the second white ashi.
this is a tuff one.
I'm not sure these trades are counter trend..
since I am using the 5 min to define the trend. and then trading it on the 1 m.
if the 5 min says trend is down,then that is the trend..
will watch this and see if these trades are worth the risk.
the question of countertrend is there becasue on the 5 min fisher is above 0
and transform is also above 0
not much umph to the move probably...