DislikedSeveral times I have thought about this problem and I think it is almost impossible to take the perfect entry ... unfortunately, the center of gravity of eur / chf is not static, as in all other pairs (would be too easy!) but moves continuously ... I thought something like a dynamic indicator that helps us to see the center of gravity, perhaps the COG, [left]This could certainly help to have under control the movements of the market but still remains a dynamic indicator on a dynamic changing center of gravity, therefore unusable for the purposes...Ignored
I understand what you meant and I agree with you. Without trying to add indicators etc to this method... a quick look at the longer term picture is usefull to avoid being caught in a stronger and larger flow.
CoG does repaint, that's why it always look so accurate. But it's a good indicator to 'understand' the market when you look at it live.
Today EUR/CHF is 1.5345 (+1.17%) and I still don't want to short it. I really hope Spieler can give us his view on this.