In post #28 Dove said in the description above the first snippet picture:
One thing im slightly confused about is that he said the 2H chart is your source of the true trend and he also says if Romar is above ema then the trend is down, however in that description above is he saying that the trend is up as the white, smooth and ema had crossed purple?
He also says in the next snippet of the 1H chart that he took a buy trade at the daily open line, but is that not going against the trend of the 2H?
Would appreciate it if someone could clarify what he means for me,
Thanks
QuoteDislikedThis first snippet is the 2 hour chart after opening of the 17:00 candle and what is showing? First we recognize the trend with White Smooth and EMA had crossed Purple for the uptrend with the Parabolic in trend; in which all four are supports. Next we have ROMAR as resistance.
One thing im slightly confused about is that he said the 2H chart is your source of the true trend and he also says if Romar is above ema then the trend is down, however in that description above is he saying that the trend is up as the white, smooth and ema had crossed purple?
He also says in the next snippet of the 1H chart that he took a buy trade at the daily open line, but is that not going against the trend of the 2H?
Would appreciate it if someone could clarify what he means for me,
Thanks