Nice Trades, Cosgrove. Thanks for keep your efforts.
Remember a few days ago you explained to me why we should buy the strong of two, or sell the weak of two?
However, you see, this trade you made is successful, but why not trade uchf and eu simultaneously? if trade both pairs, it'd turned out good profit, right?
i understand your explaination last time, however, what do you think of my thought below:
when a divergence happens (e.g. eu make a lower low, but uchf NOT), that might indicate a insufficient momentum going down because they are not both going down truly (to form a lower low). therefore, going down is fake and weak ---> it should go up --> now that they are correlated, if you long one, you should long the other too.
Did you look back what if you trade both pairs for these trades you made?
Cos to me, most of your charts posted showed good trades if we trade both pairs, double profit of trading only one.
Remember a few days ago you explained to me why we should buy the strong of two, or sell the weak of two?
However, you see, this trade you made is successful, but why not trade uchf and eu simultaneously? if trade both pairs, it'd turned out good profit, right?
i understand your explaination last time, however, what do you think of my thought below:
when a divergence happens (e.g. eu make a lower low, but uchf NOT), that might indicate a insufficient momentum going down because they are not both going down truly (to form a lower low). therefore, going down is fake and weak ---> it should go up --> now that they are correlated, if you long one, you should long the other too.
Did you look back what if you trade both pairs for these trades you made?
Cos to me, most of your charts posted showed good trades if we trade both pairs, double profit of trading only one.
DislikedChock up another October win in the form of a U/C buy on the 15m. You could have picked an earlier swing low to draw the lines from in this chart, but I just went with the simplest one.Ignored