Cliff,
Great words as well as the next post about the PDF comments. I totally understand that in reality, any candle can turn at any time. I am just trying to weigh waiting for more confirmation, in my mind, vs getting in on the actually cross. As I mentioned, I may not fully understand how the TDI works vs looking for MA crosses etc. I traded a MA cross system a while back but you had to wait for the close of a candle to confirm that the cross actually happened. Is there anything different with the TDI vs a MA cross? How the TDI works etc?
Thanks,
RCWSO
Great words as well as the next post about the PDF comments. I totally understand that in reality, any candle can turn at any time. I am just trying to weigh waiting for more confirmation, in my mind, vs getting in on the actually cross. As I mentioned, I may not fully understand how the TDI works vs looking for MA crosses etc. I traded a MA cross system a while back but you had to wait for the close of a candle to confirm that the cross actually happened. Is there anything different with the TDI vs a MA cross? How the TDI works etc?
Thanks,
RCWSO
DislikedHey RC, Sweet dreams, eh? Nice trade...
Some consider that since the first red candle was very small it bears letting the market give up more info on which way it may be leaning...
Granted, not to the measure of the rules regarding placing the trade on the open of the 1st or 2nd candle, but then there is no guarantee that the market will continue red just because the first two candles were red...
It is after all a game of numbers...Big E's rules help with making that decision to trade or not to trade...
You feel more comfortable with waiting...Ignored