Reminder !
This is not replacement trading method. Everything you see here is the same CORE system.
Let's us look at what Noob like me interprete LO Fakey, NYO fakey and News.
Attached two Chart on the same 8 mins time frame. First original and the next without EMAs lines but using EMAs weighted calculation.
Original Chart: LO you can see possibility of CT as price is crossing 10 EMA and TDI (MBL) lines just came out from 32 level (oversold). RED cross the Yellow, and Green cross the RED., pointing up. very good..... trend established for CT...........
But if you look at 2nd Chart price is still in retrecement move only going into the EMAs mean line. Therefore no trade until it touch the BLUE and move to whichever direction. saved from LO Fakey.
Same with NYO fakey ( nice TDI bullish divergence.... lol ) and FOMC news. Details in attached Charts, enjoy reading it and all the best in your trading........
I need to see things effective, as newbie I'm not going to guess where price will go.................
Thinking.............. and still a lot more to do... to become good trader like ALL of you here.
Gibril The Newbie
This is not replacement trading method. Everything you see here is the same CORE system.
Let's us look at what Noob like me interprete LO Fakey, NYO fakey and News.
Attached two Chart on the same 8 mins time frame. First original and the next without EMAs lines but using EMAs weighted calculation.
Original Chart: LO you can see possibility of CT as price is crossing 10 EMA and TDI (MBL) lines just came out from 32 level (oversold). RED cross the Yellow, and Green cross the RED., pointing up. very good..... trend established for CT...........
But if you look at 2nd Chart price is still in retrecement move only going into the EMAs mean line. Therefore no trade until it touch the BLUE and move to whichever direction. saved from LO Fakey.
Same with NYO fakey ( nice TDI bullish divergence.... lol ) and FOMC news. Details in attached Charts, enjoy reading it and all the best in your trading........
I need to see things effective, as newbie I'm not going to guess where price will go.................
Thinking.............. and still a lot more to do... to become good trader like ALL of you here.
Gibril The Newbie