DislikedYea nice one investor-me, I actually trade with the DJ chart and EJ side by side . Thanks for the info about the support level i did not know about that.Ignored
Interesting to know that you trade the DJ and EJ together. I have noticed that sometimes when the EJ has a strong bias upwards, it only responds noticeably to upward swings on DJ while the downward drops of DJ don't have much of an effect. This is not always the case as sometimes there is no bias to any direction. How can one explain this interesting correlation? Any research you have done or know about on this?
Do certain levels on USDJPY actually trigger this bias, for example, there is resistence to go beyond the 100 mark even if the DJ is extremely strong, etc.?
I'd love if you could share what you know about this correlation to help me with my trading.
Thanks,