Disliked{quote} Looking forward to that thread. I think you mentioned something about vertical line based on the 100periodes or am I mistaken? edit: post #296 actuallyand I meant this one https://www.forexfactory.com/thread/...9#post15560009
Ignored
On the other hand, a 100 SMA is simple to analyze and highly relevant. Depending on the slope, and the probability of that slope holding for a reasonable amount of time, you can derive a strong trading bias. This doesn’t rule out trading against the direction of the SMA slope, but you need a solid argument to do so (such as excess of price, or a vertical move).
Dax only.
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