your analysis is what i look out for...baby
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DislikedThanksgiving is Thursday. I don't know of any banks who shut down for the whole week in honor of Thanksgiving. Better check your news source.
M2BIgnored
Disliked
http://www.forexfactory.com/news.php?do=news&id=56741
Thank you for correcting my understanding. Here in Canada
most holidays are taken on Monday, including Thanksgiving,
regardless of what day of the week it may fall. Obviously different
in the US.
Thanks again.
.Ignored
Daily GJ,
The bar opened below the 5sma Low. both 10C and 14C pointing down. But no support from 1C and most important StochRSI.. This will eliminate any free falls .
DislikedAus,
If momentum signifies the difference between current price and the price a certain number of candles ago, which candle close price are we comparing to current price when looking at the 1C momentum?
In case this helps, here’s an enlarged daily chart. The current daily is numbered 1, yesterday is 2, the day before that 3.Ignored
DislikedAus,
If momentum signifies the difference between current price and the price a certain number of candles ago, which candle close price are we comparing to current price when looking at the 1C momentum?
In case this helps, here’s an enlarged daily chart. The current daily is numbered 1, yesterday is 2, the day before that 3.Ignored
DislikedOn the 1C we are comparing the previous candle vs the current bar.
This is my interpretation. If the previous bar close below the current 5sma (close) the new bar will be a bear bar providing that it has touched or start on 5sma close.Ignored
DislikedI'm posting a new experimental indicator here for use with Aus's momentum strategy.
<snip>
First of all, we know that Aus relies heavily on what the momentum indicator is saying at the beginning of a new bar. The standard momentum formula is:
(Current Close Price) - (Close Price n periods ago)
where "n" is the setting you've applied (10, 14, or 1).
But by looking at the beginning of the bar, we actually could say that the formula Aus is using is:
(Current Open Price) - (Close Price n periods ago)
<snip>
BruceIgnored
DislikedA daily candle just formed on my VT chart my 1c was bullish, while 10c and 14c are a little bearish to flat.
What set-up do we have for the day. Where is Aus please.Ignored
DislikedHi Aus,
I've been out since i placed long trade on my demo account. Based on the mom at the opening of the daily bar on VT, 1c pointing up, 10c down, 14c down and on 4hr mom down, i arrived at this conclusion that during tokyo session, price might retrace down to friday low and move up. My long trade hit 200pip target. I am still a novice, pls was my initial analysis good for placing later trades on my live account. I have only 0.1lot trade remaining on my account. any slightest mistake, i am out of forex, and this would be the fourth time.
Please i need your comment, MASTER AUSLANCOIgnored