Anyone taking the EUR/AUD cross?
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DislikedThey are valid signals (although I never got them with my broker). But just remember you are going against a well established trend.Ignored
Dislikedwillf,
Yea, I noticed that after I pulled the trigger. Good thing its still a demo. I added a 28 EMA...can I use that to filter my trades...only going with the trend?Ignored
DislikedThe 28ema is ok as a filter for most JYP crosses as they have only gone up for quite sometime. Notice how the price retraces below then moves up again.
It's not so easy for other pairs. Personally I just zoom out and try to see the bigger picture of where something is going.Ignored