fx ninja nad julia - thank you.
I did miss that ema crossings on both charts - i shoud have waited.
fx ninja - please clarify a couple of things for me here -
a) once the 60/200 ema cross occurs, does it indicate a change in trend and trades to me taken in that direction only. Because on the USDCAD chart when this cross was happening the other indicators were in the opposite direction.
b) on the same chart the lg2 has not moved at all from the top extreme and the lg1 has come to the bottom gone up and crossed below 0.85 a number of times. Does the lg2 have to move for thelg1 move to be valid??
on the USDJPY chart - lg1 crossing down 0.85, stoc was down, macd was down but the lg2 was going up - would u wait for the lg2 to turn down or follow the lg1 and other indicators?
I am sorry for asking these questions but it seems that due to these contradicting signals there is a lose of pips due to late entries.
Is it just my luck that it is because of the market this morning hardly moving and ranging in a small range ?
Ninja - just saw the 4781 post. why the 9770 level ??? Thank you in advance.http://www.forexfactory.com/images/icons/icon7.gif
I did miss that ema crossings on both charts - i shoud have waited.
fx ninja - please clarify a couple of things for me here -
a) once the 60/200 ema cross occurs, does it indicate a change in trend and trades to me taken in that direction only. Because on the USDCAD chart when this cross was happening the other indicators were in the opposite direction.
b) on the same chart the lg2 has not moved at all from the top extreme and the lg1 has come to the bottom gone up and crossed below 0.85 a number of times. Does the lg2 have to move for thelg1 move to be valid??
on the USDJPY chart - lg1 crossing down 0.85, stoc was down, macd was down but the lg2 was going up - would u wait for the lg2 to turn down or follow the lg1 and other indicators?
I am sorry for asking these questions but it seems that due to these contradicting signals there is a lose of pips due to late entries.
Is it just my luck that it is because of the market this morning hardly moving and ranging in a small range ?
Ninja - just saw the 4781 post. why the 9770 level ??? Thank you in advance.http://www.forexfactory.com/images/icons/icon7.gif