DislikedBlending different methods to look for better trades. #148 Good morning all... Slept in today and got a late start! For any of you who has checked out the Synergy System on Compassfx.com websight... You would know that Dean (a professional full time trader) uses two SMA's on his charts. A 5/High SMA and a 5/low SMA. He will take a trade only if one of the first three candles has closed above/below the lines. If it's not within the first three candles on a reversal... he passes...Ignored
Blending methods:
#149
Take a look at the Aqua Box...
We have a reversal. Under Craigs method he would have entered at the top of the 1st candle on candle #2. On candle #3 you see that the candle closed above the Synergy magenta dotted line for a confirmation. By blending both together and on a Big Number... your ready to enter.
Once you see the candles rise above or brlow the magents dots you have a trade with strong momentum.
Look at the other reversal areas for the same set up and pips in your pocket!
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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