DislikedA question: EMA is above Romar in all four time periods, does that not mean that only long trades should be taken? ATB, MaasIgnored
does that not mean that only long trades should be taken?
You have ROMAR as the UPTREND for all the charts which means you trade the trend and the answer is yes; provided EMA is also in the uptrend with ROMAR. If EMA is counter of ROMAR then you are in consolidation. This means you do not counter-trade ROMAR when ROMAR is in full blown uptrend or vice-versa for the short - UNLESS - YOU CATCH THE TOP GOING SHORT - OR THE BOTTOM FOR THE LONG. In other words: You never, ever trade from CENTER.
I hope this help you AND - the others that were late for dinner.
The Dove - Forex Trainer