Dislikedno offense intended but since you posted that Sunday ... that same reference GJ dropped only 700 pip ....lol and Gu only 400pip and ES came off only 25 points.Ignored
did we remain above it ?
refer to the link in my sig
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Dislikedno offense intended but since you posted that Sunday ... that same reference GJ dropped only 700 pip ....lol and Gu only 400pip and ES came off only 25 points.Ignored
DislikedYep, and the post clearly mentioned one simple line as long as we remain above TEMA MONTH
did we remain above it ?
refer to the link in my sigIgnored
Dislikedafter hitting sell 159.40 as mentioned that was upper value area yesterday I am loking for 50 % reatrce of morning move to 158.44 , lets say 158.50 , then take it form thereIgnored
DislikedLOL.....Me too....
Agree, stick with what works for you.
btw the 15 m. looks like it may do another run up and the S&P is still rising so not short yet. Most time frame cycles are near the top so wouldn't be surprised by a down move before long....but I've learned to wait for confirmation. Ideally the 5 and 14 stochastic heading down parallel on 15m or above.
CheersIgnored
Dislikedthe current pattern in my opinion supports higher levels. not to say short term short scalps wouldn't work.Ignored
DislikedI'm curious, do indicators like the tema tend to middle when we're consolidating?
If so, a break above on the 4H might not be an indication of a long trend if the line is running horizontal.
Is this correct?Ignored
Dislikedjust a close above a tema level is not sufficient, unless it is also not sloping upwards. in a down sloping tema, its plain and simple disaster to consider it valid
secondly a candle close of same type is required
like for tema 1 hour, a 1 hour candle close
for tema 4 hour, a 4 hour candle close and so onIgnored
Dislikedok closed tha trade 158.60. close enough might have left some pips on table.
I am out now till after FOMC in 1.5 hoursIgnored
Dislikedand anyways, if trading was so easy everyone would be a billionaire
the markets change so rapidly that you really need to evolve dailyIgnored
Dislikedi want to take long off 158.60 for retest 159.40 but to chicken ...lolIgnored
Dislikedjust a close above a tema level is not sufficient, unless it is also not sloping upwards. in a down sloping tema, its plain and simple disaster to consider it valid
secondly a candle close of same type is required
like for tema 1 hour, a 1 hour candle close
for tema 4 hour, a 4 hour candle close and so onIgnored
Dislikednot here, better to wait
even though i know GJ is all set to test TEMA DAY nowIgnored
Dislikedits plain and simple disaster if you long here
there is simply no setup, even on 5 minIgnored