DislikedThere are many Green cross red trade entries becomes fake even after following all the entry rules including the trend in higher time frame. Then how do we identify the right green cross red to take the trade for at least 50 pips profit? For example the EJ buy entry promised a good trade in H1, but the very next candle turned back and now it is moving south. Trading Made Simple doesn't appear to be simple. Can some one explain. I have read enough of the thread to understand the system. Please do not ask me to read again. I am asking this fundamental...Ignored
When green cross red the market sentiment is in that direction. But the market sentiment changes to make the market move in the opposite direction. So trade along with the market sentiment as indicated by the TDI in line with market sentiment in the higher time frame. It is not necessary that the market should move in the direction of the sentiment as and when green cross red. It may move in the direction or reverse. Am I correct folks?
Fx..