Hi Bob,
Just want to clarify your definition of UT or DT. From your manual you said "d.Now the final definition of a trend: When the light blue center line of the TMA is above the dark blue line (representing the direction of the trend on the weekly chart) you are in an UT and when it is below the dark blue line it is in a DT."
This would imply that the AUDCAD currently is in an UT.
You also said "We will now add to our trend definition. If price is above the 240MA and above the 5MA shift 5 it is in an UT, if both are below then it is in a DT". This would imply that the AUDCAD currently is in a DT.
So which is it? (i dont know how to copy and paste the screen to show you)
Just want to clarify your definition of UT or DT. From your manual you said "d.Now the final definition of a trend: When the light blue center line of the TMA is above the dark blue line (representing the direction of the trend on the weekly chart) you are in an UT and when it is below the dark blue line it is in a DT."
This would imply that the AUDCAD currently is in an UT.
You also said "We will now add to our trend definition. If price is above the 240MA and above the 5MA shift 5 it is in an UT, if both are below then it is in a DT". This would imply that the AUDCAD currently is in a DT.
So which is it? (i dont know how to copy and paste the screen to show you)
LEARNING HOW TO FISH SO I CAN FISH FOREVER