DislikedShould we be taking trades like this at the 100SMA here its not clear if its a retracement to the 100 SMA or a change in direction...?? {image}Ignored
Just be careful, but with this system, it hardly matters. The reason I say "be careful" is that it might turn or retrace and then continue further up. Check one TF higher for possible clues.
Also, it might be a typo, but we should be using 100-EMA (not sma)
Continued success to you.
Hercs.
Hercs