DislikedThanks for the info Mike.
Could you explain using this EJ chart, under what circumstances you would trade that weekly bearish PB against the Monthly BUEOB?
I put the fibo on the monthly BUEOB as I am wondering if you would trade it if the 61.8 of the BUEOB broke. or something like that.Ignored
The simple answer is that neither to me is worth trading so there is no trade. But to clarify they are individually not strong enough trade setups for me by themselves. So the setups would have to just be better for me to consider either. If the weekly had a great pinbar that I considered worth trading I would not care what the monthly was doing. I would do my analysis , manage my trade according to what the weekly was telling me at the time.
Hope that helps
Mike