Aus
Momentum seems to have peaked on 15m and is turning down, could this be the turn for shorts till the QQE turns south
Momentum seems to have peaked on 15m and is turning down, could this be the turn for shorts till the QQE turns south
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DislikedI don't know, Aus. I know you said a confirmed close above the TFT on the 1H would probably drive price up to the Daily 5SMA (around 231), but I wonder how much the opening gap affected the TFT? My MT4 platform showed a 70 pip opening gap. That's gonna affect all indicators to some degree. My point is, if there had been no gap and price moved as it has so far today, would the 1H have crossed up and would there have been a close above the TFT already? I see now why some experienced traders never trade on Sundays. It can take a while for the indicators to smoothe out and get caught up.
M2BIgnored
DislikedAus
Momentum seems to have peaked on 15m and is turning down, could this be the turn for shorts till the QQE turns southIgnored
DislikedYou better get on it. The nikkei is down about 40 points from its high and it looks we have touched the sma on the new 4-hour bar. I am already short.Ignored
Dislikedyou dont enter or exit based on the momentum indicator(except for markam)... You need much more solid confirmations such as QQE,Gann, Level stop reverse for your entries and exits.Ignored
DislikedI wonder what makes everyone so sure that London will take the price down.. Lets stop assuming and trade what you see on your charts. Not what you think.Ignored
DislikedExactly. Especially for one who already gone short http://www.forexfactory.com/images/icons/icon10.gif
j/kIgnored
Dislikedaus, one more question, sorry. doing demo on the 1 min strategy also. did u make any changes to it, or did the settings stay as before?Ignored
Dislikedthat was my feeling too... London could shoot this mother back upto 234 area.. you never know I have given up predicting the market. Only trade what I see on the charts. Guess what?? I have cut down my loss ratio by 50%Ignored