></o>></o>lace w:st="on">Tokyo</st1lace></st1:City> session,<o></o>></o>> </o>> </o>> </o>> </o>
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80% of the waves begin at the last 2 hours of <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:City w:st="on"><st1
and both MACD & RSI are settled that time to recognize trend direction,<o
now, if those indicators are below 0 and 50 or above 0 and 50 accordingly till London session, the trend will be easily to identify, just look for the cross point to enter either short or long, you might wait for the price to retrace to the original crossing point.
That was easy, ha.
Let’s talk about a hard scenario, shall we;
If you find both indicators different, you should wait till they confirm each other, this case is solved by another indicator which is the Money Flow or the one I use which is Chaikin’s Money Flow, and it will tell you if there is money in the market or not, if the Money indicator in the buy zone, one of the trend indicators (MACD,RSI) should read above 0 or 50, then wait for the other one to confirm direction and vice versa, or use the “break out of the box” method and ride the trend, if you know what I’m saying.
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You should be familiar with the candle sticks patterns and no harm if you use the Bollinger set to 21 and Exponential to identify volatility.
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Hope I explain a little, ha.
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Always stay a head of the battle J
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by the way seems to me tis can be a good system for asian and london session but bot for NY session lags a little.
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