It has retraced to the 30 m. Just wondering why you chose
30 minute?
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Dislikedkarmostaji:
It has retraced to the 30 m. Just wondering why you chose
30 minute?
Ignored
Dislikedit was close so it went and kissed it
now i'm watching 15m momentum to turn bearish, I enjoy watching MOMIgnored
Dislikedand it just did, hopefully 30m will turn bearish in 15 mins and then we go down.. let's watchIgnored
DislikedBut does the momentum tells you about the fact it is a reversal and not a mere retracement ?Ignored
Dislikedand it just did, hopefully 30m will turn bearish in 15 mins and then we go down.. let's watchIgnored
DislikedWhat is your definition of "bearish" (relative to 15mn and 30mn)
Example: from flat to slightly down? certain angle, etc.
Just curious!Ignored
Dislikedand it just did, hopefully 30m will turn bearish in 15 mins and then we go down.. let's watchIgnored
DislikedHe means, when the bar is closed you have to go to the grocery store to buy your liquor instead.
M2BIgnored
Dislikedbro, are u trading this or just observing? I'm already short here and probably gonna leave it run free until london tomorrowIgnored
DislikedI've got a short from earlier, and now I'm bored so I'm trying to entertain myself and be helpful at the same timeIgnored
MOM
Below 50 and sharp pointing south Good bearish momentum
Below Zero but pointing up Ready for a retracement up to 5 SMA
On the Zero line.. No strong pointing to either side...You will see this pattern on ranging market condition
Sudden change of momentum from bearish to bullish. It will retrace to 5 SMA and beyond. You have to watch out for this kind of indications as this kind of pointing could lead to 100-200 pip retracement or change of the trend on 4hr/daily charts
Hope this helps, shorts/longs are simply oposites
please note this is not my work, others here have been good enough to supply it
Dislikedand while we're both waiting for this to drop, could you please tell me how much of your equity you risk on a trade? Thanks!Ignored