Disliked{quote} if you are trading based on TDI cross and the APB change in colour, what is the purpose of that 34EMA wave channel and 89EMA on your chart and how do you use them for these two trade decisions?Ignored
I use the 34 EMA channel and 89 ema just to follow the trend and/or enter bounces. If the ABB candle gets stuck inside the 34 EMA channel it gives me an indication to either close the trade for profits, wait for it to completely cross to resume its destination, or enter the bounce for the trend continuation.
For example here on AUD/JPY on the 1H chart, I am keeping watch since it hit an EMA. What will happen next ? Usually a bounce off it OR through it.
Take what the market gives you.