j5000 may have better answers than mine. meanwhile, my approach in these 3 scenarios is as above (in RED font).
P/S My above long entry have been stopped out with +5 pips profit. Will stay out for the rest of the day as the market is in sideway mode. Also I am already tired....
:
well... broker's time stamp at the chart's bottom was 10.10.2007 01.40 (so it was on 09.10.2007 +23.40 GMT). So it is not TODAY...
sorry kelab4x,i still have these questions that require your assistance.u mentioned earlier that if 5mins's lag has crossed down and passed 0.7 level,but on the 15mins chart is still way above 0.7,that means its still uptrend.Here goes the other questions-what if the 15mins chart show that the lag is crossing the 0.7 level? (i suppose this can be justify as downtrend?) and what if the 15mins lag is below 0.3 level? can u explain the difference between these 3 scenarios,thanks so much!
