4hr
Brent Crude Oil. Intraday and mid-term. Daily Matrix 32 replies
intraday sr & momentum trading/scalping 6 replies
Trading in line with Daily Momentum 25 replies
5 minute Wave Analysis. (Intraday price action method) 269 replies
Intraday Trading M.F.G. System - PA Momentum Flow Guideline 56 replies
DislikedDear Aus, isn't this chart implying that momentum readings also have significant meanings after a bar develop some time?
I thought that momentums give better readings at the beginning of the bar as you taught before.
However, I do see that it is really meaningful to watch it anytime, especially during a "long" bar like a weekly or daily, since I feel that the current momentum's pointings mean a lot for the rest of the bar after following ur momentums analysis so long.
Thanks again, bro!Ignored
DislikedI wonder why my 4hr mom does not match yours. I am using VT. Any idea?Ignored
DislikedThanks, but how do you decide which platform to use for you analysis?Ignored
DislikedTodays daily momentum is bullish... If you are planning to go short , lock in profits . There could be a larger retracement after a dip, like we saw after NY close.Ignored
Dislikedauslanco,
do you think that the dip will retest the pairs earlier low before retracing?
thxIgnored
Dislikedyes.. It will retest the Lows before a large pull back towards Daily 5sma IMOIgnored
DislikedNew VT 4hr bar indicates a large retracement or a possible trend reversal..However theres one more hour left on the super bearish MT4 4hr bar. I may close my short postions at frankfurt open unless the next hourly momentum points down on all three.Ignored
DislikedI'm totally with you on this, expecting a reversal and possible new highs next week unless BOE cuts rates today.Ignored