DislikedEDIT: Just re-read it. You have dotted MA's from high TF's don't you? These trades were taken on those bounces I think.....Ignored
DislikedExactly,,, totally "by the rules,,, just using the one chart setup is all.Ignored
Dislikednice trades there! had a nice touch trade about 2hrs ago on the E/u 545GMT. its retracing now and about to touch 35sma again! gona go for my 2nd ride on this. check out the charts!Ignored
DislikedWould the experienced guys still take the trade, approach with caution or stay out?Ignored
DislikedSure Trotty,,, using Swingman's three line indicator, the H1 settings for Equivalents would be
10 EMA = 40 (set to the color of your chart or it will just look redundant with the normal 50 EMA)
35 SMA = 140
50 EMA = 200
For the Daily Equivalents they are
10 EMA = 980
35 SMA = 3360
50 EMA = 4800,,, or you could just use the attached template.Ignored
DislikedI'm watching it, but not for the reason you think. I took a short at the close below the Daily equivalent it just passed with a 12 pip SL,, now I am waiting to make sure the "steam" is out of the run up at the RN,,, it's probably OK,,, M15 50 EMA is very close and it may "touch" that so I'm on the sideline for a few more moments, but not long, I intend to short it here somewhere,,, just not exactly sure where. yetIgnored
Dislikedyunie,,, I'd just about bet this will go short,,, just not at the immediate bar....Ignored
DislikedI'm short, looking for 20 pips at my trendline. Maybe a bit premature here then? I took the trade at the close of the small red spinning top which made a double touch at the 35 ma. (There was also hidden bearish divergence but I know that's not in the strat...)Ignored
DislikedI don't see a spinning top anywhere,,, but this is most likely a short in here,,, H1 is showing a doji,,, and there are other things, but that's all for now,, gonna wait and watch.
Also there is news out in half an hour or so then again in an hour and often the market waits for those. It often tips its "hand" first, like I believe it is doing now,,,, but there is never a way to be perfectly sure of it. Just solid signals and a strong strategy.Ignored
Dislikedsame. out at 10pips. 15min trendline stood very firm but hey! if it goes up it only means its gona touch the 35sma againIgnored