Hi Kostas,
I'm just starting on the dance system and please excuse the newbie question. Similar to the question above, do I wait for the candle bar on any of the Timeframe to close when touching SMA35 and do a market order or do I do entry order several pips underneath the SMA35 (If I go short)?
On the same scenario (going short). What about if the candle shoots up past SMA35 and EMA50, then come down again breaking SMA35 and EMA50. Is it still valid to go short?
In regards to the pricky bars (porcupine), how many bars of those need to appear before you consider the market is not safe to go in? Because all candle bars have some sort of wicks, how to identify which one that deserve attention.
Sorry, I don't have pic to illustrate...
Thanks
BC
I'm just starting on the dance system and please excuse the newbie question. Similar to the question above, do I wait for the candle bar on any of the Timeframe to close when touching SMA35 and do a market order or do I do entry order several pips underneath the SMA35 (If I go short)?
On the same scenario (going short). What about if the candle shoots up past SMA35 and EMA50, then come down again breaking SMA35 and EMA50. Is it still valid to go short?
In regards to the pricky bars (porcupine), how many bars of those need to appear before you consider the market is not safe to go in? Because all candle bars have some sort of wicks, how to identify which one that deserve attention.
Sorry, I don't have pic to illustrate...
Thanks
BC