Disliked{quote} George, just to clarify: still referring to the M1 strategy that you have brought forward lately, do you only look at the movements of Maddash on M1,M1,M5,M15 set up your way? I also have a side chart with M1,M5,M15,M30,H1 set up with 35 MA for longer confirmation but very often I miss some good entries because too late. But it might also avoid some bad entries. What's your behaviour? (Again, related only to the M1 strategy). ThanksIgnored
The dashboard gives you an idea of the strong and weak currencies.
You look at your chart and identify the best you want to trade
You wait for pullback if you have already missed the initial entry
You then use the dashboard to time your entry as the trend resumes and MADdash agrees with the movement
Price pulls back and bounces off the MA Channel line
MADdash will confirm entry
Major drop on this downtrend
Price reverses and M30 candle closes above the MA Channel
You want to be doubly sure trend has reversed
MADdash will confirm entry
If trade is prematurely closed out on pullback, re-enter trade on trend resumption if MADdash confirms the trade
I have warned several times that when people wait for MADdash to give them buy/sell signals, it will always look late because the MADdash is not a standalone tool.
Try reading post 4 again and again.
Thanks
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