Imran, disregarding your thoughts that the yen pairs are gonna fall tonight. Would you have taken this long trade considering the blue lag had already gone so high before the red lag actually hit bottom?
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DislikedJust curious to know what smoothing factor you are using for the qqeIgnored
DislikedImran, disregarding your thoughts that the yen pairs are gonna fall tonight. Would you have taken this long trade considering the blue lag had already gone so high before the red lag actually hit bottom?Ignored
DislikedThe Laguerre is a advanced version of RSI but without the noise of RSI, so the signals are much stronger and reliable. I have been experimenting with the gamma setting and found 0.55 to 0.60 to be good for Blue lag and 0.8 to 0.85 for the Red Lag
Because of the gamma setting, the blue lag always catches the trend first and also exits it first..but the Red lag is where the trend actuall ends...so if ur in a long trade..u wait for the Red Lag to come down to bottom and then reverse till 0.10 to 0.15 and vice versa for shortIgnored
DislikedNo, i would not have taken the long trade, maybe for some quick pips yesIgnored
DislikedHere's an example of EMA alert arrows on a chart. 60 and 200 EMA crossover.Ignored
DislikedIs it just me, or do the crossovers happen too late on 2 of the 3 arrows? It seems like if you traded based on those crosses you would have lost 2 out of 3 trades.
Granted you don't trade based on only the EMA crosses alone, but just saying.Ignored
DislikedHere's an example of what I'm talking about with the EMA.
Look at this chart. The EMA crosses, there's a HUGE upward candle during the same 1 minute period.
You see the EMA crossed, your indicator makes it's sound, so you buy. It never moves a single pip in the right direction and you hit your stop loss 5 mins later.
Now, it did move in an upward over-all TREND after that cross, but you'd need a 40+ pip S/L to even stay in it.
Now, again, you would never trade just based off EMA, because if you look at the lags this is NOT a good entry point. However, I just wanted to show how the EMA can screw you if you're not careful.
EMA can be a very powerful tool in predicting a big move, but don't forget the basics.Ignored
Dislikedit was based on the 15min and 30 min indicator position . Sometimes the asian session is too slow to take the moves, by tomm london open we should have more clarity
Without emotion, there is no fun in tradingIgnored