GU just change on weekly to short position and daily is short already.
Should we enter short???
Should we enter short???
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DislikedGU just change on weekly to short position and daily is short already.
Should we enter short???Ignored
DislikedYes, it seems so, or perhaps it's the sunday candles which open a few hours earlier/later. I am using the InterbankFX demo platform for testing (also not the broker I use), and it's GMT time, opening sunday candles at 23:00 GMT. I intend to test in this platform to see if I get the same results or maybe slightly better/worse. I've downloaded ODL to compare as well.
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One other question, how do you deal with entries on trades on the daily chart which are formed before the weekly PSAR is shown? i.e. before the weekly candle is closed. The PSAR...Ignored
DislikedShakesfx GBP/ JPY Parabolic SAR. Nothing more, nothing less.
If reversal SAR appears, DO NOT exit trade until completion of THAT daily candle, this is to ensure that this is a definite reversal signal as sometimes the SAR dot can repaint itself in the opposite direction. When this candle is complete and the next daily candle appears EXIT THE TRADE.
[font=Calibri][size=3]Await the next...Ignored
DislikedHere is an example of what a chart looks like with the MTF PSARS attached to itIgnored
DislikedJust sitting idle & looking the chart mtf par sar I posted above , it seems h4 with confirmation of D1 & if possible w1 should give more accurate signals and in this case there will be more chances to trade to place . Hope shakesFx will consider h4 in his system in future as daily chart will show up & weekly still down & many days without any signal and exit also from h4 chart ( when consider trades from d1 & h4 alone) or d1 as usual.
Hope he come again in time & give more insights of his system.
fontuIgnored